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October 23, 2018
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Newell Brands Leases another 466k sf in Victorville

7/19/18

Newell Brands has leased an additional 466.3k sf at Southern California Logistics Airport (SCLA) in Victorville. SCLA is an 8,500-acre multimodal freight transportation hub which includes a 2,500-acre commercial and industrial complex entitled for 60 msf of development. This is Newell’s second expansion since it signed its original lease for 407.6k sf in 2006, bringing the newest building to a total of 1.05 msf.

“Newell’s expansion at SCLA is a testament to the continued economic growth and logistical advantages of locating in the Inland Empire’s High Desert region,” said Brian Parno, Chief Operating Officer of Stirling Development, SCLA’s developer. “We believe the affordability of high quality facilities and availability of land are major factors in the continued demand for industrial space at Southern California Logistics Centre.”

Stirling will break ground in July on the expansion at Distribution Centre 3 (DC 3) and expects Newell to take full occupancy in March 2019. Once complete, the building will feature 78 dock high doors with a 36-foot-clear height. Newell first expanded its footprint at SCLA in 2012, adding 176.8k sf, for increased regional and national distribution of Newell products. Lease terms will have Newell in the new building through 2029.

Stirling has developed nearly 4.5 msf of Class A industrial warehousing and manufacturing facilities at Southern California Logistics Centre. Located just 35 minutes north of Rancho Cucamonga, Victorville is the leading city for both industry and retail in the High Desert region. The High Desert is a growing community with affordable housing and nearly 400,000 residents, making it an attractive location for manufacturing and distribution users.

In addition to Newell Brands, the parent company for brands such as Rubbermaid®, Mr. Coffee®, Food Saver®, Yankee Candle® and Sharpie®, corporate tenants at SCLA include Plastipak Packaging, Dr. Pepper / Snapple, Red Bull, Mission Foods, Sparkletts, General Electric, FedEx and more.

Jay Dick and Dedrik Pharis of CBRE handled leasing on behalf of Stirling Development. Terms of the lease were not disclosed.





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