CHINO, CA-Jones Lang LaSalle revealed that it has completed alease with Repet Inc. for 100,000 square feet of industrial spaceat EastGroup Properties’ 14207 Monte Vista Ave. here. “In thischallenging market, EastGroup’s ability to adapt to currentconditions made it possible for us to secure a deal with REPET thatprovided improvements at a favorable rate,” says JLL executive vicepresident Sam Foster, who worked with EVP Mike Fowler and associateChris Brandt, along with IDS Real Estate Group to represent thelandlord.
“EastGroup is one of the few industrial owners that continues tobe well capitalized and positioned to do deals,” Foster adds. TonyPhu of Colliers International represented the tenant.
Ideally located near the 10, 60 and 57 Freeways, the propertyfeatures excess trailer storage, rail access and a directconnection to the Santa Ana Regional Interceptor Line that providesindustrial users with an environmentally-friendly and convenientway to dispose of high-saline waste.
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