Superior Communications, Inc. renewed its lease for 225,030 square feet at 5027 Irwindale Avenue in Irwindale, Calif. The property houses the company's corporate headquarters and distribution facility.

Superior Communications was represented in the long-term transaction by Joshua Gorin, Senior Managing Director, and Marcus Arredondo, Assistant Director, with global tenant advisory firm Studley. The lease is valued at approximately $14 million.

This was an opportunity for Superior Communications to take advantage of the down market and reduce stay-in-place expenses while providing for the company's long-term business strategy, said Gorin. The transaction also includes significant flexibility and concessions to fund facility improvements, internally and externally.

The industrial business center is a multi-building complex totaling 1.78 million square feet and includes a mix of single-story industrial and office buildings built between 2001 and 2003.

The building is owned by Clarion Partners, who was represented in the transaction by Phil Lombardo of Cushman & Wakefield.

Irwindale is located in the heart of the San Gabriel Valley, 20 miles east of Downtown Los Angeles.