Wednesday, October 24, 2012

Voit Real estate Services Directs New 263,000-SF Office-Industrial Lease in Ontario, CA


  
Joe Miller
 Inland Empire, CA – Joe Miller of Voit Real Estate Services has directed a new ten-year, 263,000 square-foot industrial lease in Ontario, Calif. on behalf of MK Associates LTD as the lessor. 

This lease encompasses the majority of the 420,000 square-foot multi-tenant industrial building located at 2501 East Guasti Road, according to Miller, a Vice President in Voit’s Anaheim office.

The lessee, Cardenas Markets, a family-owned supermarket business, is one of the largest privately owned companies in the Inland Empire. Cardenas Markets is expanding its headquarters and distribution operations with this new lease, moving from a 126,000 square-foot property in Ontario, according to Miller.

2501 East Guasti Road, Ontario, CA
The new facility serves multiple uses, comprising abundant executive office space and parking for corporate use, distribution facilities, room for the installation of refrigerated warehouse storage, and plenty of truck and trailer parking, Miller notes.

“This transaction required a great deal of persistence, as it was necessary to effect a zoning amendment on the property to accommodate Cardenas Markets’ use,” explained Miller.  “My team coordinated efforts with the City, and worked successfully with all parties in order to finalize the zone change and complete the transaction.”

Miller worked with Mike Leifer of Palmieri, Tyler, Wiener, Wilhelm & Waldron on land use issues, as well as with Ruben Goodsell, Peter McWilliams and Michael McCrary of Jones Lang LaSalle on the marketing assignment.

For a complete copy of the company’s news release, please contact:

Jenn Quader/ Judith Brower
Brower, Miller & Cole
(949) 955-7940

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