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4/29/16
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Guitar Center inked a lease for 220k sf of industrial space in Rialto for the firm’s West Coast distribution center. The space is part of a 428k sf facility at 1508 Casmalia St, north of I-210 and west of Cactus Ave, within Rialto I-210 Distribution Center. Terms of the deal were not disclosed.
Gary Horwitz, Mike Fowler and Kamil Aghaof JLL represented Guitar Center, the world’s largest retailer of guitars, amplifiers, drums, keyboards, recording, live sound, DJ, and lighting equipment. Paul Earnhart, Brian Pharris, Jeff Smith, and Rayn Lal with Lee & Associates repped the landlord, Prologis.
According to JLL research, close to 10.5 msf of spec space are slated to be completed in the second quarter, temporarily driving vacancies up in the market, which should stabilize in the second half of the year.
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