Panattoni Signs 888,000 Square Feet of Leases in Ontario, CA
Wednesday, October 3rd 2012
Panattoni Development Company, Inc. recently signed leases with 7 tenants for distribution/industrial space in Ontario, California. Altogether, the leases total 888,000 square feet of space.
According to Stephen Batcheller, Panattoni Partner, the activity reflects the continuing improvement in the economy in the Inland Empire region as well as the strength of the Panattoni platform.
The leases are as follows:
South Haven Business Park (Excise Avenue)
Kawasaki Motors Corporation, USA
229,900 SF
Gregg Haly and David Consani of CBRE represented the tenant.
Magnussen Home Furnishings, Inc.
175,400 SF
2151 Proforma Avenue
Flex Solutions, Inc.
170,800 SF
Tim O’Rourke and Michael Fowler of Jones Lang LaSalle represented the tenant. Steve Bellitti, Tom Taylor, Josh Hayes, Summer Coulter of Colliers International represented the landlord.
Gulf South Medical
58,400 SF
Shirley Smith of Point Line, Inc. represented the tenant.
Ontario Mills & Vintage (Ontario Mills Parkway)
Saladino’s
99,500 SF
John Griffin of Voit Real Estate Services represented the tenant.
Customized Distribution Services, Inc.
81,300 SF
Felt Racing, Inc.
72,400 SF
Randy Verdieck of Lee & Associates represented the tenant.