Chenoweth was also one of the brokers on another recent Inland Empire lease, in which ResMed, a San Diego County-based developer of products for sleeping and breathing disorders, has signed a lease for 130,000 sf of distribution space at Chicago-based Ridge Property Trust's Centerpointe Business Park in Moreno Valley. Chenoweth represented Poway-based ResMed, which expects to occupy the space in October and to operate it as its West Coast distribution center to serve customers throughout the southwestern US. Ridge Property Trust represented by Jeff Ruscigno of Lee & Associates and Jim Panting of Commercial Realty Advisors.

[IMGCAP(2)]ResMed manufactures its products in Australia, and the vast majority of the items come to the US in 40-foot sea containers. When the new Moreno Valley facility is in operation, these containers will then be trucked from the port to the company's new Centerpointe location, where an automated warehouse management system will help fulfill and ship orders.

Centerpointe, located near the intersection of the 60 and 215 freeways, was designed by Ridge to serve companies as a logistics hub. The industrial development is adjacent to the March Inland Port, which shares aviation facilities with the Air Force Reserves on March Joint Air Reserve Base. Terms of the ResMed lease were not disclosed.