Dermody Properties Announces Two New Customers in the Inland Empire
Dermody Properties, a national private equity real estate investment, development and management company focused exclusively on the logistics real estate sector, is pleased to announce the lease of LogistiCenterSM at Eastvale Buildings 1 & 5 to two new customers. Better Nutritionals, a vitamin manufacturer, will lease all 197,892 square feet at Building 1. Landmark Global, an international delivery and expert logistics network, will lease 87,180 square feet at Building 5.
Better Nutritionals currently produces the Vitamin Friends product line as well as trendsetting apple cider vinegar gummies for Goli, sold at major retailers and online. The company will use the space at LogistiCenterSM at Eastvale to expand its Southern California operations, which currently include four production facilities in Norco and one manufacturing facility in Gardena.
Offering unique communications solutions such as returns management and fulfillment services, Landmark Global will leverage the new space to continue to expand its e-commerce solutions for customers in the Western United States.
“Class-A warehouse space in the Inland Empire is a rare, but valuable, find for logistics users and we are pleased that both Better Nutritionals and Landmark Global will be able to expand their operations in the top e-commerce region in the West,” said Matt Mexia, Partner in Southern California at Dermody Properties.
Four buildings remain available in the logistics park, ranging from 48,315 square feet to 501,649 square feet. LogistiCenterSM at Eastvale is within close proximity to Ontario International Airport and offers immediate access to the I-15 and SR-60 Freeways. Clear heights in the four buildings range from 30’ to 40’ and each building features an ESFR fire protection system and between 2,500 and 3,700 square feet of office space.
“Though the Inland Empire has the tightest vacancy rate in the country, we know it is where our customers need to be, so we remain focused on sourcing acquisitions and ground-up development opportunities to accommodate their needs,” said Elizabeth Kauchak, Chief Operating Officer at Dermody Properties. “Despite the limited availabilities, Matt and his team have had a very successful 2021 and, as a company, we plan to continue this momentum into and throughout the new year.”
Bill Heim and Alex Heim of Lee & Associates are the leasing agents for LogistiCenterSM at Eastvale.
LogistiCenterSM, a nationally trademarked brand owned and developed by Dermody Properties, represents the company’s business philosophy of developing Class A distribution and logistics facilities that meet the supply-chain requirements of the most innovative companies.
About Dermody Properties
Dermody Properties is a privately-owned real estate investment, development and management firm that specializes in the acquisition and development of logistics real estate in strategic locations for e-commerce fulfillment centers, third-party logistics and distribution customers. Founded in 1960, Dermody Properties has invested more than $6.2 billion of total capital across all platforms nationwide, having acquired and developed approximately 100 million square feet of logistics and industrial facilities. In addition to its corporate office in Reno, Nev., it has regional offices in northern and southern California, Atlanta, Phoenix, Seattle, Chicago, Dallas and New Jersey. For more information, visit www.Dermody.com.
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