Monday, March 28, 2011
ONTARIO, CA, Mar. 28, 2011 — Jones Lang LaSalle represented Lava DS in a 266,508-square-foot industrial lease expansion at Ontario Gateway West (top left photo), a four-building, 1,386,687-square-foot, industrial park in Ontario, Calif.
Lava DS now occupies the entire 428,827-square-foot building located at 1495 E. Locust Street which serves as the company’s West Coast distribution hub.
Jones Lang LaSalle’s Southern California Industrial Tenant Representation Team of Executive Vice Presidents Tim O’Rourke and Mike Fowler along with Jones Lang LaSalle’s Global Ports and Airports leader John Carver (lower right photo) represented Lava DS in the transaction.
The property owner, James Campbell Company, was represented by Kevin McKenna of CB Richard Ellis.
“The Inland Empire accounted for one third of all industrial absorption in the United States in 2010,” said O’Rourke. “Despite this increased level of activity, we were able to negotiate this transaction at favorable terms allowing our client to expand their business and services.”
Located in the Inland Empire industrial market, Ontario Gateway West features a clear height of 32 feet, 56 dock-high loading doors, and 80 trailer storage spots.
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Contact: David Ebeling, Ebeling Communications, (p) 949.861.8351
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