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Catch The Wave

Multiwave Technologies Leases 64K SF
By Debra Bixel
July 1, 2002 | 7:04 P.M.

Multiwave Technologies, best known for its website featuring on-line purchasing of PC systems and options, signed a lease to occupy the entire 64,400-square-foot industrial facility at 20153-20159 Paseo del Prado St. in Walnut, CA. The industrial space, which includes eight loading docks, two ground-level doors, 1200 amps of power, and 28' ceiling height, will be used by Multiwave Technologies as its central distribution center for PC parts. Multiwave Technologies signed a seven-year deal with a total consideration of approximately $3 million and plans to move into its new space in September. Looking for a high-image building in Walnut, "Silicon Valley South," Multiwave plans to relocate and expand its operation from City of Industry. Mitch Wright of Bob Wright Industrial Properties represented the landlord, Lemon Avenue Investments Ltd. Patrick Bogan of Insignia/ESG represented Multiwave.

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