DairyAmerica Lease

News Date: 
Jan 16 2009

Galaxy Partners represented Spectrum Brands in the disposition and direct lease to DairyAmerica of 235,000 SF of Class A distribution space in Visalia, California. Working with John Bernard of eRealty, DairyAmerica’s tenant representative, Galaxy was able to structure and negotiate a disposition transaction that greatly benefited Spectrum, DairyAmerica and the Landlord.

Spectrum Brands, Inc., makers of Rayovac batteries, Remington shavers, and Tetra aquatics products, is a global consumer products company and a leading supplier of batteries, lawn and garden care products,
specialty pet supplies and shaving and grooming products. The company’s products are sold by the world’s top 20 retailers and are available in more than one million stores in 120 countries around the world. DairyAmerica, Inc., a federated marketing company, is an association of nine producer-owned dairy cooperatives. DairyAmerica supplies quality dairy products regionally, nationally, and internationally to its ever expanding and diverse customer base.