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7/25/25
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In recent industrial activity out of the Inland Empire, a leading global third-party logistics company inked a long-term lease valued at more than $11 mil for an entire 165k sf warehouse/distribution facility that was recently completed in Fontana. The facility was developed and is owned by L.A.-based Dedeaux Properties.
The 7.36-acre property is located on the southwest corner of Slover and Cherry Avenues, at 14457 Slover Ave. Its strategic location provides the tenant with immediate access/egress to Interstate 10, Southern California’s primary east/west truck route, connecting the property to the Ports of LA/Long Beach and to Western United States. The state-of-the-art building features a 36-foot clear height, 21 docks, ESFR sprinkler system, and large secured truck yard with 50 trailer parking stalls.
Despite the recent slowdown in demand from warehousing and logistics companies for industrial product throughout Southern California, driven in large part by the confusion surrounding the administration’s new tariff policies, Dedeaux Properties is seeing strong demand for its premium properties throughout the region.
“We saw an increase in the execution of new leases and renewals for both IOS and warehouse/distribution assets maintaining overall occupancy across our portfolio at approximately 98%,” said Dedeaux President and CIO Matt Evans. “With the region experiencing the lowest volume of new deliveries in some time, our recently
completed projects are well positioned as first-to-lease assets in one of the strongest industrial markets in the country.”
Slover is one of five new development projects totaling approximately 800k sf delivered to market in the past 12 months by Dedeaux.
A JLL team of John Gorczyca and Mac Hewitt repped the tenant in the deal. The ownership was represented by Brice Larson, Chuck Belden, Tim Pimentel, and Chris Pimentel with Cushman & Wakefield.
Leasing activity in the Inland Empire has seen a decline of 59% quarter-over-quarter and 30% year-to-date as warehousing and logistics tenants take a more risk-adverse stance amid the ongoing economic uncertainty, according to Cushman & Wakefield that represented Dedeaux in the lease.
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