June 22, 2020
Denver-based Black Creek Group signed a full-building lease with XPO Logistics at Agua Mansa Commerce Center in Colton. The 447,000-square-foot lease is for a Class A distribution facility at 2163 S. Riverside Ave., which is now 100% leased.
Black Creek Group’s Steve Young says, “We have seen an increase in demand for industrial space from e-commerce related tenants, like XPO, as businesses quickly adapt to the rapid shift in consumer behavior with people ordering more and more goods online to avoid public spaces due to the ongoing pandemic.”
Lee & Associates’ Mike Chavez and TPC’s Steve Shields represented the tenant. Daum Commercial’s Rick John, Ken Andersen and Gus Andros advised the landlord.
Black Creek also commenced construction on three Class A distribution warehouses totaling 694,000 square feet in the Inland Empire including:
Perris Distribution Center III, a 251,000-square-foot facility in Perris expected to be completed in Q1 2021.
Fontana Logistics Center, a 193,000-square-foot facility in Fontana expected to be completed in Q1 2021.
Gateway Logistics Center LP, a 250,000-square-foot facility in Torrance expected to be completed in Q2 2021.
For comments, questions or concerns, please contact Dennis Kaiser