California CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
NeilMed Nabs Newly-Delivered Ontario Distribution Development
Morgan Stanley Real Estate signed a 90,342-square-foot lease with NeilMed Pharmaceuticals at Bridge Point Ontario II in Ontario. The asset is part of the two-building Bridge Point Ontario complex, a state-of-the-art, 268,753-square-foot distribution development that delivered in October 2020.
The 12-acre complex was developed by Bridge Development Company. Morgan Stanley Real Estate Prime Property Fund, one of the largest Industrial Core Property Funds in North America, took control of the project while under construction.
The property sits along the 15 Freeway at 981 S. Wanamaker Ave. and formerly housed the Scandia Fun Park, which Bridge acquired in December 2018. The new facility features a two-story, corporate-image office totaling 8,051 square feet, an open warehouse area with 32-foot clear height ceilings, 52- by 60-foot column spacing, and 23 dock high loading positions.
Voit Real Estate Services’ Shy Assar and Juan Gutierrez represented the tenant. NAI Capital’s Richard Lee, Nicholas Chang, Justin Kuehn and Sione Fua represented the landlord.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Lease


