Home Real Estate Global Sourcing Business Combines Warehouse, Yard Locations with New Lease
Real Estate

Global Sourcing Business Combines Warehouse, Yard Locations with New Lease


CBRE’s Andrew Chaffee, Wes Jones and James Toomarian arranged a 142,556-square-foot lease of an industrial building at 5401 Jurupa St. in Ontario on behalf of the new tenant, H Global Commerce. The global sourcing business specializing in commercial glass products and home goods signed a six-year lease and will begin to occupy the space in March 2024.

“Their commitment to an above-market lease term of six years underlies this facility allowing them to combine their current Inland Empire warehouse and yard locations into one efficient space,” said Chaffee. The single-tenant property will serve as the company’s American headquarters.

The warehouse is on the southeast corner of East Jurupa Street and South Vintage Avenue and is minutes from Interstate 15 for convenient access to distribution routes. TA Realty serves as the landlord and was represented by Stefan Pastor and Brad Yates of Stream Realty.



Source link

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Real Estate

Memphis Dermon Building Converting to 150-Room Hotel

The Dermon Building in Memphis was built 99 years ago, designed as...

Real Estate

Developer Duo Secures $120M Refi for Charleston Harbor Rental Community

Woodfield Investments and Argosy Real Estate Partners have secured $120 million to...

Real Estate

Bonita Springs Site for 252-Unit Apartment Community

Madison Communities and Heitman have closed a $44 million construction loan for...

Real Estate

$21.5M Loan for Tacoma Apartments Secured by Berkadia

Berkadia has secured financing for the acquisition of The Duo Apartments, a...