(Read more on the industrial market.)
REDLANDS, CA-AMB Property Corp. of San Francisco has signed third party logistics provider Weber Distribution for 564,000 sf of space at AMB Redlands Distribution Center. Weber has signed a 10-year deal for the space at a 1.3-million-sf warehouse that AMB now has under development at the Redlands project.
Gene Reilly, AMB's president for North America, says that the new building is being designed with "state-of-the-art waste conservation, lighting and water systems that are compatible with Weber Distribution's own sustainability initiatives." The facility attracted Weber for several reasons, according to Bill Butler, the logistics firm's president and CEO, who says that in addition to the building's environmentally-responsible design specifications, the large footprint enables Weber to consolidate from other smaller buildings.
The Weber lease follows earlier deals in the Inland Empire by AMB that have included its recent purchase of 400 acres in the High Desert community of Adelanto that can accommodate up to seven million sf of industrial development at a project called AMB Adelanto Gateway Logistics Center. The High Desert region of Southern California, one of the areas where market watchers have been saying that distribution space will develop as other areas of the Inland Empire run out of land for big box distribution facilities.
According to Reilly, AMB's strategy in the Inland Empire has resulted in 100% occupancy in its operating facilities. As of June 30, the San Francisco firm's presence in Southern California totals more than 21 million sf of operating and development properties.
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