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California  + Inland Empire  + Industrial  | 

Rexford Leases Up Repositioned Ontario Industrial

Rexford Industrial Realty completed lease-up of 500 Dupont Ave., located in Ontario in the Inland Empire – West submarket. The newly repositioned 274,885-square-foot building was leased to a third-party logistics (3PL) provider.

The value-add-repositioned project included overall building modernization, expansion of dock-high loading, upgraded ESFR fire sprinklers, new office construction and a new, secured container storage yard. The lease commences in October.

“Rexford Industrial’s strong execution and informational advantage across our vertically integrated, entrepreneurial team continue to deliver differentiated product providing the highest quality and functionality available within the infill Southern California market,” said co-CEOs Howard Schwimmer and Michael Frankel. “Looking forward, our strategic focus on value-creation will continue to favorably differentiate the Rexford Industrial portfolio and drive long-term shareholder value.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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