Lovett Acquires 13-Acre Highland Site for Industrial Development

Houston-based real estate investment firm Lovett Industrial has made a 13-acre land purchase in Highland, CA. The firm plans on developing a 285,000-square-foot rear-load Class-A industrial building, Lovett Industrial’s first project in Southern California.

“The Inland Empire is the most sought-after, highest barrier to entry industrial market in the country, and we are thrilled to announce our first project,” said Lovett Senior Managing Director Ted Hart. “Tenant demand shows no sign of relating, and we are actively targeting more opportunities across Southern California.”

The site, at the corner of Palm Avenue and Meines Street, offers excellent access to Interstate 10, 210 and 215. The project’s entitlement efforts are underway, and construction is scheduled to begin late next year. The building, when completed, will feature key specs designed to appeal to a number of users, with 36’ clear heights, a 310’ building depth, 47 trailer stalls and 193 auto parking spaces.