|
|
8/23/21
|
The Voit Company has broken ground on Renaissance Commerce Center, a three-building, 87.2k sf ground-up industrial development in the Inland Empire city of Rialto.
The single-tenant industrial project will comprise three buildings sized respectively at 34k sf, 28.8k sf and 24.3k sf. The property will feature a variety of state-of-the-art amenities, including dock high doors, 26’-28’ clear heights, ample parking, and designated office space within each building.
Renaissance Commerce Center will be located at 1993, 2033 and 2133 W. Casmalia St in Rialto. The property is centrally located approximately 13 miles from the Ontario International Airport with close access to the 210, 5, 215, 10 and 60 freeways. The development is planned for completion in Q1 of 2022.
Juan Gutierrez and John Viscounty of Voit Real Estate Services will represent The Voit Company in the lease or sale of the property. According to research from Voit, the western Inland Empire’s industrial availability tightened between Q1 and Q2 2021, with vacancy reaching just 1.47%
“The industrial sector has performed extraordinarily well over the past 18 months, fueled by e-commerce, 3PL, and a wide variety of expanding logistics uses,” says Gutierrez. “As a result, demand for high-quality industrial space in the Inland Empire has soared. Concurrently, trends including expanding online retailing, tight supply in nearby Los Angeles and Orange County and record-breaking volumes at the Ports of Los Angeles and Long Beach indicate that long-term demand will be sustained in the region. Additionally, little to no buildings in this size range are planned in Rialto, making now the perfect time to deliver Class A spec space to the area.”
|
|
 Return to the Archive page
|
|
|
|
|
Printer-friendly Version
Email an Associate
