The building stands at 3095 E. Cedar St., west of Interstate 15. It's owned by Denver-based ProLogis, one of the nation's largest developers of logistics facilities.
The path for VW's move was cleared several weeks ago, when the automaker sublet the 287,000 sf of space it occupied in City of Industry for several years to Intercon Merchandise for seven and one-half years for about $8 million.
ProLogis was represented in the Ontario transaction by Larry Harmsen and Allen Jackel. Phil Lombardo of Trammell Crow Co. represented Volkswagen in both of the deals, and also represented Intercon in the sublease.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
