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FOOTHILL RANCH, CA-A joint venture of Orange County-based Stirling and DCT Industrial Trust has sold 53 acres at the Southern California Logistics Centre to Dr Pepper Snapple Group, which plans to develop an 850,000-square-foot combination production and distribution center that will be valued at $120 million when completed. The Stirling-DCT joint venture, called Stirling Capital Investments, is developing the SCLC at the site of the former George Air Force Base in Victorville.

The new facility will consist of 550,000 square feet of warehouse space and a 300,000-square-foot manufacturing plant with up to six production lines. Dr Pepper Snapple will produce up to 40 million cases of beverages at the facility each year and is expected to employ 200 workers. Construction is scheduled to start this month and to be completed in the spring of 2010.

The site of the new Dr Pepper Snapple facility is part of 2,500 acres of commercial and industrial development at the SCLC. Stirling Capital Investments is the master developer of SCLC, which is part of 8,500 acres called Global Access Victorville at the former George Air Force Base. In addition to the SCLC, Global Access Victorville comprises the 2,500-acre Southern California Logistics Airport and the 3,500-acre Southern California Rail Complex, a planned 3,500-acre intermodal and multimodal complex entailing rail-served facilities.

The Southern California Logistics Centre portion of the redevelopment is master-planned for 60 million square feet of commercial and industrial space and is in the early stage of delivering the 6.5 million-square-foot first phase, which includes the land sold to DPS. Approximately two million square feet has been constructed to date, with CB Richard Ellis marketing SCLC on behalf of the development venture.

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