California + Inland Empire + Industrial | March 5, 2021

Strong IE Industrial Demand Propels Another Ontario Build

Citing strong industrial user demand in the Inland Empire coupled with supply constraints on new class-A facilities, Seefried Industrial Properties and a private equity real estate fund advised by Crow Holdings Capital recently acquired a 6.13-parcel near Ontario International Airport. The partnership plans to break ground on a 140,000-square-foot industrial building in the first quarter of 2022.

The new rear-load industrial facility will be located at the southwest corner of 5th Street and Hermosa Avenue, offering close proximity to the I-10, I-15 and CA-60 Freeways. The project will offer industrial, manufacturing or warehouse users the opportunity to occupy either a single-tenant building or potential for a two-tenant building.

HPA has been engaged as the architect and Huitt Zollars as the civil engineer on the project. Michael Giuliano and Keith Anderson of Lee & Associates will be representing Seefried in leasing the facility. The project is slated for completion in summer 2022.

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About Lisa Brown

Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM. In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.

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