Guitar Center Sets Up New West Coast Distribution Center
The lease comes as the Inland Empire market's vacancy rate is slated to go up.
By Alex Girda, Associate Editor
Rialto, Calif.—Industrial space is in no short supply in the Inland Empire, but Guitar Center’s latest leasing agreement just put a dent in the vacancy numbers right before a substantial inventory expansion is slated for the year’s second quarter. The retailer has secured roughly 220,000 square feet of industrial space in Rialto following a deal with landlord Prologis.
The leasing agreement was arranged by JLL, who worked on behalf of Guitar Center, while the landlord was represented by Lee & Associates. The JLL team consisted of Gary Horowitz, Mike Fowler and Kamil Agha.
Rialto I-210 Distribution Center
Located at 1508 W. Casmalia St. in Rialto, the Rialto I-210 Distribution Center offers a total of 428,208 square feet of industrial space. The asset is located on an 18.7-acre site that offers 32’ clear heights, 55 dock high positions, 2 ground level doors, and 178 parking spaces, as well as an ESFR sprinkler system. The suite will become Guitar Center’s new West Coast distribution headquarters. “This facility will enhance control of our supply chain while providing for future growth”, Guitar Center’s Senior Vice President of Global Supply Chain, Kevin Roundtree, pointed out.
JLL forecasted a significant increase of industrial inventory in the second quarter. “As speculative development continues in the Inland Empire, tenants will benefit from a greater selection of modern distribution facilities, allowing for more efficient operations,” according to JLL Executive Vice President Mike Fowler.
Image courtesy of Prologis.
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