Saturday, October 15, 2011

Grubb & Ellis Represents DCG Fulfillment in Lease of Nearly 190,000 SF in Eastvale, CA


  
 ONTARIO, Calif. (Oct. 12, 2011) – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, today announced that it represented DCG Fulfillment, a third-party logistics company, in its lease of 190,000 square feet of warehouse/distribution space located at 12430 Riverside Drive in Eastvale.    

 Mark Kegans (middle right photo), SIOR, and Ron Washle, SIOR, both senior vice presidents, Industrial Group, and members of the company’s Global Logistics practice group, represented DCG Fulfillment in the transaction. 

DCG Fulfillment took occupancy of the building immediately following the lease transaction.  The company now occupies approximately 700,000 square feet of space split between three buildings in the Inland Empire and expanded its operations with this new location, which it primarily uses for consumer-related products. 

 According to Kegans, the property was a good fit due to its Class A building features and proximity to the company’s existing locations. 


David Consani and Joey Sugar of CB Richard Ellis represented the owner of the property, Alere Property Group LLC, a Newport Beach-based investor and developer that has developed and acquired more than $950 million in assets since 2003, in the transaction.

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

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