Industrial Buildings Completed at SoCal Logistics Center
- Mar 24, 2008
Stirling Capital Investments has completed work on Global Access Business Centre, two multi-tenant industrial buildings totaling about 223,700 square feet at the Southern California Logistics Centre in Victorville, Calif. Thus far the Global Access Business Centre is about 22 percent leased. About 49,000 square feet in the property was leased in deals inked just prior completion. These tenants include Sequoia Lighting, a manufacturer of commercial lighting fixtures (18,500 square feet); Prego Inc., an apparel import-export company (13,000 square feet); as well as smaller leases by an electrical contracting company, and industrial welding supply business and a machine shop. The development is specifically being marketed to small- and mid-sized business, according to Foothill Ranch, Calif.-based Stirling Capital, master developer of SCLC. Victorville is located on I-15 north of San Bernardino, near the site of the George Air Force Base, which closed in 1992 and whose 8,500 acres are currently being redeveloped. “Victorville works because it’s the next logical step on I-15 beyond Ontario and the Inland Empire,” Brian Parno, vice president of real estate development for Stirling, told CPN this afternoon. “It’s a long-term plan. Redevelopment of the George Air Force Base will take about 10 years.”Besides the 2,500-acre SCLC, the former air force base includes Southern California Logistics Airport, a 2,500-acre air cargo and aviation facility, and plans exist to develop the Southern California Rail Complex, a 3,500-acre intermodal complex including rail-served facilities, on the site. The SCLC is entitled for a total of 65 million square feet of space. The entire project has been designated a Foreign Trade Zone and a Local Agency Military Base Recovery Act Zone by the federal government.