(To read more on the industrial market, click here.)

VICTORVILLE, CA-Newell Rubbermaid has signed a 10-year, $15million lease for nearly 408,000 sf of warehouse space at the8,500-acre Southern California Logistics Airport, becoming thefirst major distribution tenant on site at the redevelopment of theformer George Air Force base by Stirling Capital Investments.Rubbermaid may expand the facility by 600,000 sf in the next fiveyears, according to SCLA officials, who expect Rubbermaid to locateto the 408,000 sf in September.

The Newell Rubbermaid building will be the first facilitydeveloped during Phase I construction at SCLA, with the full firstphase to include approximately 6.4 million sf of industrialfacilities. Developer Stirling Capital Investments is a jointventure between Stirling Enterprises of Foothill Ranch and publiclyheld Denver-based DCT Industrial Trust Inc.