Brokerage Senior Vice-President
License # 1222308
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Professional SummaryLary specializes in big box industrial, logistics, and investment real estate sales and leasing for many institutional REIT's & regional mixed use office/industrial real estate developers, as well as, tenant representations for many national and regional credit firms. His focus is within the Los Angeles Basin from the Ports of Los Angeles and Long Beach, the LAX Airfreight submarket & major big box warehouse markets including the Mid Cities, Industry and Inland Empire marketplace, along with transactional experience in the North Orange County sub-market.
AccomplishmentsLary Carlton is a Senior Vice President with Colliers International's South Bay Office. Lary has worked with both Colliers South Bay Industrial/Commercial Office specializing in big box warehousing and logistics , and mixed use industrial/office development transactions, and Colliers Investment Department, concluding $45 million in transactions with Morgan Stanley on the sale of several mixed use office/industrial, multi-tenant business parks. This, combined with 10 years of construction experience enabled him to quickly advance in the company. He has now completed over $150 million in sales and leasing transaction work. Lary currently handles, on an exclusive basis, leasing of several A and B class multi-tenant business parks for developers such as Voit Development and other major property owners in Torrance, Carson, Signal Hill and the port cities of Long Beach and Los Angeles. He is the leader in industrial building sales and leasing activity in the port cities of Los Angeles and Long Beach, as well as Torrance, and is a dominant force in land leasing sales. Lary specializes in industrial, logistics and investment real estate sales and leasing, as well as tenant representation for many national credit firms, institutional REIT's and regional mixed use office/industrial real estate developers. His focus is within the Los Angeles Basin from the Ports of Los Angeles and Long Beach to LAX and downtown Los Angeles, the Mid Cities Market and the North Orange County submarkets. MAJOR CLIENTS ADVO Ainak Alamitos Bay Partnership Amersco Amtech Bank of America Best Roofing China National Automotive Corporation Clark Worldwide Transportation Concept Packaging Enkei Good Companies Greenball Corporation HKS USA, Inc. Kimura Denyoki Koll Cornerstone Management KTR Investments Lennar Partners Linden Trading Company Low Real Estate Group, Inc. Massive Productions Mercedez Benz of Long Beach Midwest First Financial Corporation Morgan Stanley MS Vickers II Overton Moore Properties Pacific Gulf Properties, Inc. Pyramid Transportation Shell - Fleet Services South Coast Transportation Southern California Savings Textron/David Brown Union Pump Traveler's Club Luggage The Jacmar Companies The O'Connor Group Translux Corporation Western Maritime Express Incorporated Western Regional Delivery Services Zimmerman Development
EducationUniversity of Southern California - B.A. Real Estate Development; California State University Long Beach - Course work in Architecture/Construction Management/Accounting
ClientsSouth Coast Transportation, Morgan Stanley, Travelers Club Luggage, Ms Vickers II, Pacific Gulf, Tsai Investments, Koll Cornerstone Management, Spicer Family Trust, KL Fenix Corporation, Impco Technologies, Pyramid Transportation
Landlord Representation, Tenant Representation
Jul 15, 20202020 Q2 Colliers Greater Los Angeles Basin Industrial Knowledge Report
The Los Angeles Basin industrial market is the largest in the United States, totaling more than 1.6 billion square feet. It has been characterized by some of the highest asking rates and lowest vacancy rates of any market in the nation.Read More
Apr 16, 20202020 Q1 Colliers Greater Los Angeles Basin Industrial Knowledge Report
The Los Angeles Basin boasts the largest industrial base in the nation, comprising 1.6 billion square feet in buildings 10,000 square feet and greater. It is a relatively decentralized market, with only 20% of the space located in Central Los Angeles and 80% dispersed throughout the region. Los Angeles and Orange counties are fairly built out and mostly infill markets, while the Inland Empire remains the last expansion area for industrial space in the region. The industrial market is beginning to mature, particularly in Los Angeles and Orange counties, as 60% of the buildings in the L.A. Basin are greater than 20 years old.Read More
Jan 16, 20202019 Q4 Colliers Greater Los Angeles Basin Industrial Knowledge Report
Vacancy fell 10 basis points this quarter to 2.2% due to limited construction completions and growing industrial demand. Asking rents have increased $0.01 per square foot (PSF) triple net (NNN) to $0.81. This is a record rate for the Greater Los Angeles Basin, and the pace of rent growth has increased.Read More
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