REDA, Clarion Complete 1.245M-SF Lease with Uline at Ontario Ranch
Newport Beach, CA-based REDA and Clarion Partners, LLC, completed a 1,245,000-square-foot lease with Uline, Inc. at Ontario Ranch Logistics Center in Ontario. Uline, a family-owned business, is the leading distributor of shipping, industrial and packaging materials to businesses throughout North America.
The lease at 4815 South Hellman Ave. represents a consolidation of several Uline locations throughout the Inland Empire. Spec construction on the new building that will house Uline was initiated in January 2020. Vertical construction will commence in July, with completion set for September 2021. REDA also plans to begin spec construction on a 115,000-square-foot building in the business park.
CBRE’s Dave Desper and Joey Sugar represented the tenant.
Uline is the second tenant announced for Ontario Ranch Logistics Center, a 124-acre multi-phase industrial development. In mid-2019, REDA signed Kimberly Clark to the entire 1,180,908 square feet of space in Building 1.
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