(Mark Your Calendars: RealShare REAL ESTATE 2012, March 22nd in Los Angeles).
ONTARIO, CA-Jones Lang LaSalle has been awarded the leasing for Safari Business Center. The 1.13-million-square-foot industrial complex can support users ranging from 5,000 to 57,440 square feet.
JLL was hired by the asset manager, American Realty Advisors, on behalf of the landlord, whose identity they could not disclose. Leading the leasing efforts for the 16-building industry property are JLL vice president Jeff Bellitti and associate Jordan Quinn. “Safari Business Center is ideal for companies seeking a superior building in an excellent location,” explains Quinn.
Located in the Inland Empire, Safari Business Center offers close proximity to the I-10, I-15 and SR-60 freeways as well as rail lines and airports including the Ontario International Airport. Safari Business Center features 30’ minimum warehouse clearance; truck-well and ground-level loading with ample truck staging and maneuverability; loading dock doors with automatic levelers; and .45 or .60 GPM/3,000 sprinkler system.
Peter McWilliams, a managing director at JLL, said in a recent report that the Inland Empire industrial market “moved swiftly towards recovery despite facing a housing market deep in crisis and the worst unemployment rates in the Southern California region.” McWilliams added that “occupiers will continue to race to take up space in the Inland Empire market, notably in the supply-constrained ‘big box’ sector.”
JLL could not provide GlobeSt.com with further details at this time.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
