Colliers International reports that the 690,000 square feet of leases in Chino were signed by Motivational Marketing, a company that delivers a comprehensive range of fulfillment and logistics services. The firm executed one new lease at Watson Commerce Center-Chino, as well as two lease extensions--one at Watson Commerce Center-Chino and another at AEW South Chino Industrial Center.
 Jasmine Center |
Watson Commerce Center-Chino is a new master-planned LEED-certified big-box industrial business park owned and developed by Watson Land Co. South Chino Industrial Center is a 500,617-square-foot big-box industrial park owned by AEW Capital Management.
Both the property owners and Motivational Marketing were represented in all of the leases by the Colliers team of SVPs Thomas E. Taylor and Steven J. Bellitti, along with VP Josh Hayes, all in the Colliers Diamond Bar office.
 2400 E. Francis St. |
In the deal by Hager Pacific, the Los Angeles- and Orange County-based investment firm leased a 108,703-square-foot office/industrial property at 2400 E. Francis St. in Ontario to Kim Lighting, a division of South Carolina-based Hubbell Lighting Inc., in a five-year renewal valued at nearly $2.8 million. Kim Lighting will use the building, which is owned by managing partners David Hager and Adam Milstein, to manufacture high-performance outdoor lighting for commercial, industrial, residential and institutional clients.
Hager Pacific managing partner Rob Neal says that the facility provides Kim Lighting with a "prime strategic location and abundant space for product development and storage" that will help the lighting firm to expand its customer base.
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