DSW Re-Ups Leases at Two Facilities in Rancho Cucamonga

Cold storage facilities have historically performed well during economic downturns but it is not only grocery chains that require cold storage facilities. Medical and pharmaceutical research companies depend on climate-controlled environments to protect research and development projects.

This was recently exemplified when a 164,975-square-foot lease renewal and 25,350-square-foot expansion was undertaken by cold storage provider, DSW Distribution Center Inc., at two adjacent facilities in Rancho Cucamonga. The landlord is UBS Realty Investors LLC.  

Newmark’s Matt Moore and Wes Hunnicutt represented the tenant, DSW.

“DSW has occupied its corporate headquarters space for nearly 30 years and has invested significant capital into the facility to continually enhance its cold storage capabilities and meet the ever-growing need of their diverse customer base,” said Moore. “When the adjacent facility became available across the street, it was an easy decision for DSW to expand.”

DSW renewed its lease at the Lincoln Distribution Center located at 8858 Rochester Ave., which serves as its headquarters facility, and provides storage and distribution of food grade- and pharmaceutical-grade products. DSW also expanded into a new facility across the street at 8675 Rochester Ave.

“Due to very high demand for cold and air-conditioned supply chain services, we invested into converting our ambient space to temp-controlled and then added the new facility across the street for dry space needs,” says Brad Thayer, DSW president and CEO.