NORTHLAKE (CoStar Group) – Coffee maker Farmer Bros. Co. has entered into a lease with WF-FD NLTX LLC for a 540,000-sf facility to be constructed on 28.2 acres.
The facility, which will be completed by Dec. 31, 2016, will house the company's corporate headquarters as well as a coffee lab, manufacturing facility and distribution facility.
The initial term of the lease is for 15 years, and it contains a purchase option exercisable at 103 percent of the total project cost.
Stream Realty Partners is the development manager for the project.
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