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Massive Logistics Build Goes Big on Upgrades

REDLANDS, CA—Lee & Associates is hired as the leasing agent for the I-10 Redland Logistics Center industrial development, which is expected to attract strong interest thanks to the great location and high-end upgrades, GlobeSt.com reports EXCLUSIVELY.

By Kelsi Maree Borland | Updated on June 08, 2015

REDLANDS, CA—Hillwood Investment Properties has hired Lee & Associates Ontario office as the exclusive leasing agent for its 1-10 Redland Logistics Center development. The 1.1-million-square-foot industrial development is a two building property, and the leasing team is looking for a single tenant for each building. The development will be complete in the fourth quarter of 2015, and the leasing team is confident they will have leases signed before then.

The property is located in a prime industrial market and is fixed with high-end and atypical upgrades that will help attract healthy interest from tenants. “Our anticipation is that it will be a two-tenant project,” Jeff Smith of Lee & Associates Ontario office, tells GlobeSt.com. “The buildings lend themselves to divisibility, and we have street access from two different streets that serve the two buildings. Based on market strength and what seems to be a pretty discernable level of demand in this size range, we fell pretty strongly about the chances of us putting a single tenant in each building.” Smith is handling leasing efforts for the property along with his colleagues Ryan Lai and Austin Hill.

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