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6/23/21
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Joyin Inc, an e-commerce retailer of children’s toys, party supplies, costumes and seasonal products, agreed to a full building prelease of a 120.6k sf, under-construction logistics facility in Rancho Cucamonga. The firm intends to take occupancy this fall of the entire facility, located at 10415 8th St.The structure is currently being built by Duke Realty.
“We started the speculative development of this building based on the strong, ongoing demand for well-located, state-of-the-art logistics space in Southern California,” said Nancy Shultz, Senior Vice President of Duke Realty’s Southern California operations. “Fortunately for us, the building’s location near the intersection of the I-10 and 15, and its proximity to Joyin’s workforce prompted our new tenant to commit to this space even before its completion.”
Founded in 2015, Joyin has grown to become one of the fastest-growing designers and manufacturers of children’s toys, pool inflatables, costumes, and party supplies with more than 2,000 products, many of which they designed themselves and patented. The company was represented in the transaction by Rusty Smith and Ty Newland with Cushman and Wakefield.
Duke Realty’s listing broker was Eric Fikse with DAUM Commercial. Duke Realty’s Southern California portfolio totals 16.7 msf and its in-service occupancy rate is 100%.
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