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| Prologis Mission Distribution Center, Ontario, CA |
Ontario, CA – Voit Real
Estate Services has successfully completed the $27 million lease of the Prologis Mission Distribution Center, a
741,458 square-foot, Class A industrial distribution center situated on 31
acres in Ontario, California on behalf of Noble House Home Furnishings, a
national manufacturer of residential furniture.
Peter Castleton,
a Senior Vice President in Voit’s Anaheim office, represented Noble House as
the lessee in the transaction.
The
property, which is owned and operated by Prologis, will serve as the new West
Coast Regional Distribution Center for Noble House.
“The sheer volume of this
transaction, combined with the cost-effective terms of the lease, truly speaks
to our expertise in tenant representation and our ability to secure high
quality facilities in tight markets on behalf of our clients,” explains
Castleton.
“By fostering our
long-standing relationship with Prologis, we were able to secure a lease that
lowered Noble House’s occupancy costs by 38 percent while still maintaining its
close proximity to the Ports of Los Angeles and Long Beach.”
The lessee, Noble House
Home Furnishings, is a family-owned manufacturer and distributor of home
furniture, specializing in a wide variety of decor, seating, and outdoor
furniture.
For a complete copy of the company’s news release,
please contact:
Katie Kea / Jenn Quader
Brower, Miller & Cole
(949) 955-7940
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