(Read more on the industrial market.)
VICTORVILLE, CA-Newell Rubbermaid, a global marketer of consumer and commercial products, has opened for business in a 407,612-sf bulk distribution facility at Southern California Logistics Centre. Newell Rubbermaid has signed a 10-year lease for the space with Stirling Capital Investments, which is a joint venture between Foothill Ranch-based Stirling Enterprises and Denver's DCT Industrial Trust Inc.
Newell Rubbermaid becomes the first industrial tenant to occupy space during phase one development at SCLC, where the company will be warehousing imported goods from Asia. From there, it will redistribute its products throughout the US.
In addition, the global marketing giant will use the facility to operate its Graco unit, which manufactures infant and juvenile products. The new distribution facility, where Newell Rubbermaid will employ approximately 85 workers, joins a growing list of distribution and warehouse facilities either planned or under way at the commercial and industrial complex.
Newell Rubbermaid's new built-to-suit facility is the first of several warehouse and distribution buildings to be developed during phase one construction at the logistics center. The first phase will consist of more than 6.5 million sf of industrial facilities on more than 350 acres.
Brian Parno, vice president of Stirling, points out that Newell Rubbermaid's facility is the first corporate distribution center built from the ground up at SCLC, with discussions under way to possibly expand the facility by 600,000 sf in the next five years. Stirling is the master developer of Southern California Logistics Centre, where other tenants there and in the City of Victorville include Goodyear Tire & Rubber Co., M&M/Mars, ConAgra Foods, Nutro Products Inc., General Electric and Pratt & Whitney.
Stirling Enterprises and DCT Industrial also recently started construction on two logistics-oriented multitenant buildings totaling 233,773 sf targeting smaller users at the logistics center. The partners have signed five letters of intent with prospective tenants representing 22% of the two new buildings, which are expected to be completed in February of 2008.
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