April 13, 2016
Foothill Ranch, CA-based Stirling Capital Investments and joint-venture partner Denver, CO.-based DCT Industrial Trust Inc. commenced construction on a 444,740-square-foot industrial facility at Southern California Logistics Centre. The 2,500-acre commercial and industrial complex at Global Access Victorville is entitled for 60 million square feet of development.
The developer secured a 211,000-square-foot pre-lease commitment from an undisclosed national manufacturer, which kicked off the project. The remainder of the facility is now committed to a second unnamed multi-national tenant that will utilize the 233,740-square-foot space for regional and national distribution of its products.
Full completion and occupancy of state-of-the-art facility on 21.7 acres is anticipated in the fall. The emerging regional manufacturing hub is another major phase of the redevelopment of the George Air Force Base.