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Liberty Property Trust Buys, Leases-Up Rialto Facility
Liberty Property Trust expanded its SoCal footprint with the acquisition of I-120 Logistics VI in Rialto, CA. CTDI has leased the building at 1543 N. Alder St.
Liberty Property Trust’s Erin Plourde says, “Our plan had been to acquire the 426,302-square-foot building at shell-completion and then market it for lease when a tenant with an immediate need reached out. We closed on the building and leased it in full in just a week.”
The asset features 36-foot clear heights, 53 dock-high loading doors, two grade level loading doors, a 185-foot fully secured concrete truck court and parking for nearly 100 cars.
Liberty leased-up its first industrial project in the market, a newly-developed 156,263-square-foot building at 9724 Alabama St. in Redlands, to Global Logistics Connections. This fall, Liberty plans to break ground on two more buildings including I-10 Valley Logistics Center, a 401,106-square-foot facility in Rialto, and a 94,911-square-foot building in Ontario.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition



