LOS ANGELES--(BUSINESS WIRE)--Lamps Plus, Inc., announced today an expansion of its warehouse presence in Redlands, Calif., with the acquisition of a 57,000 square-foot building next to its existing 800,000 square-foot facility. The company acquired the new facility, which was built in 2006, from Precision Pet Products for $7.1 million.
The new building is located at 26509 Palmetto Ave., adjacent to its existing warehouse and retail outlet store at 9425 California St.
The company anticipates adding 50 new warehouse positions to operate the new facility.
“With the success of our online and store sales, we needed to expand our presence to rapidly meet customers’ increasingly faster shipping time expectations,” said Dennis Swanson, CEO of Lamps Plus. “Redlands has solidified its reputation as a premier location for warehouse facilities with a number of major U.S. corporations also operating in the area and by offering an outstanding skilled workforce.”
The new facility will be used to augment the company’s existing warehouse storage space and shipping lines. The building will provide storage for lighting, home décor and furniture.
Lamps Plus opened its Redlands warehouse in 2007 and added an adjacent outlet store in 2009.
Additional terms of the acquisition will not be disclosed.
About Lamps Plus
Established in 1976 and headquartered in Los Angeles, Lamps Plus has become the nation's largest lighting retailer, operating a successful e-commerce business, mobile site and over three dozen retail stores in the western United States. As the leader in the lighting industry for over four decades, Lamps Plus designs and manufactures a wide assortment of exclusive and patented lighting styles including the Color Plus™ collection and lamps with customizable art shades that are artisan handmade to order. To assist consumers, a staff of American Lighting Association trained experts are available in the company call center and in all stores. The Lamps Plus family includes Lamps Plus Professionals, Lamps Plus Hospitality and LampsPlusOpenBox.com. The entire product catalog of functional and decorative lighting, furniture and home décor can be found at www.LampsPlus.com.