Grubb & Ellis Represents Belmont & Grove Land Holdings in 101,690-SF Industrial Lease in CA

ONTARIO, CA– Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, today announced that it represented Belmont & Grove Land Holdings LLC, a division of Panattoni Development Company, in securing a 63-month lease of 101,690 square feet of industrial space to Office Master Inc. at 1110 S. Mildred Ave.

Roger Rhoades, senior vice president, Milo Lipson, senior vice president, and Michael Arens, associate, represented Belmont & Grove Land Holdings LLC in the transaction.

“The building is located within the Belmont and Grove Business Park, a prime west Ontario location,” said Arens. “It is well-fitted for distribution throughout California and the United States, which accommodates the tenant’s needs.”

Office Master Inc., an office furniture manufacturer, was represented by CB Richard Ellis in the transaction.

Contact:  Julia McCartney,  Phone: 714.975.2230,  Email: julia.mccartney@grubb-ellis.com