Lovett Closes Rialto Land Purchase, Plans Logistics Facility

Texas-based real estate investment firm Lovett Industrial has finalized a 6-acre land acquisition in Rialto, CA and plans to develop Renaissance Logistics Center on the site, a 114,000-square-foot, Class A, front-load industrial building.

“The Inland Empire is a true regional distribution hub, and we believe that Rialto is one of the strongest locations for local, regional and national distribution requirements. Renaissance Logistics Center is an exciting, modern industrial building designed for a single tenant who stands to benefit from access to a large labor pool, freeway frontage and Fortune 500 neighbors,” said Lovett Industrial’s Tyler Banton.

Situated directly on the I-210 freeway, the property is surrounded by corporate neighbors including Target, Amazon and Under Armor. Expected to deliver in the fall of 2023, the building will feature 36’ clear height, 90 auto stalls and spec office space. HPA is the lead architect and Lee & Associates’ Bill Heim and Alex Heim will handle the marketing and leasing efforts.