U.S. Lines, LLC has signed a lease expansion and extension for its headquarters at 3601 Harbor Boulevard in Santa Ana, Calif. The shipping company will now occupy 18,345 square feet—the entire second floor—representing an increase of 5,006 square feet. U.S. Lines has been located here since 2009.
The value of the new lease is estimated to be approximately $1.2 million.
Bruce Schuman, a senior vice president in Studley’s Orange County office, represented the tenant in the transaction. Studley has also represented U.S. Lines’ parent company, CMA CGM.
In discussing the benefits of the transaction, Schuman stated, “We were very pleased to create an opportunity that accommodated our client’s expansion needs while reducing current per square foot rent. In addition, U.S. Lines will be able to improve space efficiency—and therefore operational efficiency—by eliminating the public corridors on the second floor.”
Arden Realty is the landlord and was represented by John Gallivan of Cushman & Wakefield.
Founded in 2003, U.S. Lines provides fixed day weekly ocean services in the Transpacific and Australasia trades, differentiating itself with a high degree of schedule integrity and personalized customer service.