CHINO, CA, Dec. 6, 2011 – Voit Real Estate Services’ Inland Empire office has successfully facilitated two new industrial subleases in Chino, including a nine-month, 200,000 square-foot industrial sublease at 4281 Edison Avenue, as well as a 150,660 square-foot, 13.5-month industrial sublease at the adjacent property, located at 4361-4371 Edison Avenue (top left photo);.
Walt Chenoweth, Frank Geraci, Patrick Wood and Juan Gutierrez of Voit’s Inland Empire office, along with Greg Kloiber with TG Corporate Real Estate Advisors, represented the sub-lessor, AMCOR Rigid Plastics USA, Inc., a global company that manufactures and distributes plastic bottles.
AMCOR, which is leasing a total of 550,000 square feet from Majestic Realty, will still occupy 200,000 square-feet in one of the industrial warehouses.
“After assessing our client’s needs, we were able to provide a unique solution to help cut costs,” said Walt Chenoweth (lower right photo), Executive Vice President of Voit’s Inland Empire office,
“A large portion of the space was no longer required for AMCOR’s Southern California operations, and our team recommended subleasing the unused space to another company with similar operational requirements.”
Both warehouses are 100 percent occupied after these two subleases.
The sub-lessee, NFI Network Logistics Solutions, a third party logistics company, was represented by Chuck Belden of Cushman & Wakefield. NFI plans to use the space for overflow of surplus product from its other warehouses in Chino.
Further information is available at http://www.voitco.com./
Contact:
Judith Brower
Brower, Miller & Cole
(949) 955-7940