News
Dermody Properties Announces New Leasing Activity at LogistiCenter® at Ontario Ranch in Southern California
Dermody Properties announced that LogistiCenter® at Ontario Ranch in Southern California’s Inland Empire has been fully leased to a Fortune 100 company. The state-of-the-art logistics facility encompasses more than one million square feet of space and is situated on a 54-acre property.
“We are pleased that our LogistiCenter® at Ontario Ranch in the Inland Empire addressed our customer’s needs for an expansive, state-of-the-art logistics center,” said Matthew Mexia, Southern California Region Partner at Dermody Properties. “This Class-A facility was one of a few options available in arguably the nation’s most dynamic and in-demand logistics market.”
LogistiCenter® at Ontario Ranch totals 1,003,918 square feet and features a 42-foot clear height, allowing for approximately 17% greater building utilization compared to a 40-foot clear building. In addition, it features 196 dock-high doors, 410 car parking stalls, 357 trailer parking stalls, 185-foot truck courts, LED lighting and ESFR sprinklers.
The facility is located within a half mile of Interstate-15, 1.8 miles from Interstate-60, 4.4 miles from Ontario International Airport and 5.1 miles from Interstate-10. The ports of Los Angeles and Long Beach are 59 miles to the southwest.
“The growth of e-commerce and consumers’ desire for fast and convenient delivery continues to drive demand for state-of-the art logistics space, especially in strategic hubs like Southern California,” explains Elizabeth Kauchak, Chief Operating Officer at Dermody Properties. “LogistiCenter® at Ontario Ranch is perfectly positioned to meet the needs of this customer due to its prime location, massive scale and modern logistics offerings.”
Eloy Covarrubias and Joe Werdein from CBRE are the leasing brokers for the LogistiCenter® at Ontario Ranch.
Dermody Properties currently has five properties available in the Southern California region, offering more than 642,000 square feet of logistics space and three projects under construction. LogistiCenter® at Irvine I and Irvine II are available for pre-leasing and will be available for occupancy in Q4 2024. Properties currently available for occupancy are 3120 E. Mission Boulevard and LogistiCenter® at 55 Building 1 and Building 2. For more information, please visit the region page.