Houston-based Lovett Industrial has obtained entitlement for a 298,000-square-foot industrial facility on 13.52 acres in the Inland Empire West submarket of Chino. Construction is expected to commence on Schaefer Logistics Center, located at 13610 Yorba Ave., in the fourth quarter of 2024 and be completed by the end of 2025.

“We identified this opportunity as the last developable parcel closest to the port in the Inland Empire making it a strategic investment in a market with strong long-term fundamentals,” said Tyler Banton, California market leader with Lovett Industrial. “Southern California is the largest US logistics market and a true regional distribution hub, and we feel that Chino is the best regional location in the greater Southern California area for local, regional and national distribution requirements.”

Added Clyde Stauff, vice chair of Colliers’ Irvine office, “Lovett Industrial was selected as the successful bidder for the former George F. Putnam estate in a prime South Chino location. Lovett facilitated a seamless process in the acquisition of the property and navigated through the complex entitlement of the property for a single-building distribution center. The Schaefer Logistics Center has been carefully designed to include every state-of-the-art functional feature needed to meet the requirements for today’s sophisticated warehouse and distribution tenancies.”

Marketing and leasing efforts for Schaefer Logistics Center will be handled byStauff and Colliers’ Jace Gan.