
Joyin Takes Down Full Building Prelease of Under-Construction Logistics Facility
A full building prelease was recently signed for an under-construction logistics facility at 10415 8th St. in Rancho Cucamonga in the Inland West submarket. Joyin Inc., an e-commerce retailer of children’s toys and party supplies, will occupy the entire 120,609-square-foot building this fall. The developer of the logistics building is Duke Realty.
“We started the speculative development of this building based on the strong, ongoing demand for well-located state-of-the-art logistics space in Southern California,” said Nancy Shultz, senior vice president of Duke Realty’s Southern California operations. “Fortunately for us, the building’s location near the intersection of the I-10 and 15, and its proximity to Joyin’s workforce, prompted our new tenant to commit to this space even before its completion.”
Joyin was represented in the transaction by Rusty Smith and Ty Newland with Cushman & Wakefield, while Duke Realty’s listing broker was Eric Fikse with DAUM Commercial.
“As we continue to grow our business, we felt it was critical to move our operations to a more efficient, modern space,” said Liang Huang, Joyin general manager. “This facility checks all of our boxes in terms of features, size, location and highway access, and will enable us to consolidate the services previously provided by several different 3PLs, giving us greater control over our supply chain.”