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CHINO, CA-The new 500,617-sf South Chino Industrial Center is now 77% leased. Katy Industries Inc. and Motivational Fulfillment and Packaging Services have taken down a combined 386,000 sf, according to Boston-based AEW Capital Management, a real estate investment advisory firm that acquired the year-old development in June from its developer, Opus West. The total consideration for the two five-year leases was $8 million.Katy Industries Inc., a manufacturer of consumer and commercial products, leased 114,591 sf for approximately $2.4 million. Katy Industries will use the facility for its distribution activity in the Inland Empire market. AEW’s brokers in the deal, Steve Bellitti, Tom Taylor and John Hayes of Colliers Seeley tell GlobeSt.com that Katy is relocating its distribution activity from another southern California location.Motivational Fulfillment and Packaging Services, a sales, packaging and distribution company leased the 271,435-sf. The value of the lease is about $5.7 million. The company plans to use the facility as its nationwide call center and customer support service center. Motivational is relocating and expanding from within the market. Hayes says the company’s current facility is shared with the building owner, which will expand into Motivational’s space when it is vacated.The South Chino Industrial Center is located at 15820-15940 Euclid Ave. Paul, John and Doug Earnhart of Lee & Associates represented Katy Industries in its lease negotiations. Taylor, Bellitti and Hayes represented AEW in both transactions and represented Motivational Fulfillment and Packaging Services. AEW Capital Management provides investment advisory services to institutions and other investors in commercial properties and portfolios. AEW’s clients include private and public retirement programs, foundations, endowments, and Taft-Hartley plans, as well as international and private investors. AEW manages approximately $18.2 billion of capital invested in more than $25 billion worth of real estate in North America and Europe.

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