CenterPoint enlists CBRE to lease the 1.6 Million SF Industrial Facility in Southern California’s Inland Empire
Posted By Staff Writers On June 2, 2020 @ 9:00 am
CenterPoint Properties is partnering with CBRE to list the 1.6 million SF industrial facility at 5600 E. Airport Drive, Ontario, California.
The property’s massive size, abundant parking, and prime location near two large population and workforce hubs in LA and Orange County make it ideal for e-commerce, last-mile and just-in-time logistics tenants.
Here’s what Supply and Demand Chain Executive wrote about the listing partnership in the “CBRE Announces Listing of One of Nation’s Largest Available Industrial Facilities for Lease” feature:
“We are incredibly excited about the opportunity to market this extraordinary property and convey it’s unparalleled advantages to the market,” said CBRE’s Dave Consani, Executive Vice President, Industrial Leasing. “The sheer size of the facility and acreage is incredibly rare in today’s landscape, and coupled with its superb location, makes this the premier infill asset in the Inland Empire.”
Southern California’s Inland Empire is recognized as one of the country’s most robust industrial markets, and over the past decade, the region has experienced explosive growth with record low vacancy and rising lease rates. Home to a variety of industrial and logistics industries including e-commerce, manufacturing and 3PL’s, this locale will continue to be a hub of industrial growth.
About CenterPoint Properties
CenterPoint is an industrial real estate company made up of dedicated thinkers, innovators and leaders with the creativity and know-how to tackle the industry’s toughest challenges. And it’s those kinds of problems—the delicate, the complex, the seemingly-impossible— that we relish most. Because with an agile team, substantial access to capital and industry-leading expertise, those are exactly the kinds of problems we’re built to solve.