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8/19/22
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DCG Fulfillment has leased a 189.3k sf industrial space in Fontana. Terms of the deal were not disclosed.
DCG’s new space is part of a larger 600k sf industrial warehouse property located at 13481 Valley Blvd in the Inland Empire West. The property features cross-dock loading, approximately 5k sf of office space, 35 dock-high doors, one grade-level door, 32-foot clear height, K-17 sprinklers, 800-amp power and parking for 116 automobiles and 150 truck trailers.
The property is situated just off Interstate 10 in Fontana, approximately 45 miles east of Los Angeles. The location provides access to major logistics and transportation locations along the West Coast, including Los Angeles International Airport and the Ports of Los Angeles and Long Beach.
Mark Kegans, SIOR, and Ron Washle, SIOR, with Newmark represented DCG Fulfillment, a family-owned third-party logistics provider based in California’s Inland Empire.
Industrial vacancy in the Inland Empire remains the lowest in the U.S. at just 0.8% as of the second quarter of 2022, according to Newmark Research. Quarterly net absorption of 3.9 msf was propelled by occupancies of new construction deliveries. There is currently 39.9 msf of industrial space under construction in the market, a record high. As the Federal Reserve continues to increase interest rates to battle inflation, a gradual cooling of the unprecedented industrial market fundamentals across the U.S. is likely. However, as the nation’s top industrial market, vacancy will likely be better insulated in the Inland Empire in the event a recession does occur.
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