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3/24/22
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iDC Logistics Inc, a third-party logistics company, has signed two leases totaling 553k sf of industrial space, in Fontana, CA and Garden City, GA.
In the SoCal deal, the firm took a new construction, 189.5k sf new Class A facility located at 10840 Cherry Ave in the Inland Empire West region. The property is owned by Chartwell Real Estate.
Jeff Vertun and Lauren Peddicord of CBRE represented iDC in the transaction. CBRE’s Joe Werdein assisted in the deal.
iDC will also fully occupy a 364.3k sf Georgia property at 1516 Old Dean Forest Rd. It is adjacent to the Garden City Terminal at the port of Savannah, one of the United States’ fastest-growing container ports, projecting around eight million containers annually by 2027.
Vertun and Peddicord repped iDC in this deal as well, with CBRE colleague Jacob Westfall assisting. AEW Capital Management is the landlord at the Georgia property.
iDC Logistics will be fully operational in both buildings in the first half of 2022. The firm ships to some of the largest retailers in the world.
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