Custom Goods, LLC, a third party logistics provider based in Carson, Calif., leased a 240,049-square-foot industrial building in Rancho Cucamonga, Calif., according to its real estate advisor Newmark. The property is located at 12200 Arrow Route Road and offers prominent visibility from California Freeway’s Interstate 15.
Custom Goods was represented by Newmark’s Matt Moore, Wes Hunnicutt, Brian Bennett (all based in the firm’s Orange County office) and Joe Fabian (who is based in the Hayward office of Cornish & Carey Commercial Newmark).
“The lease gives Custom Goods an entry into the Inland Empire marketplace,” says Moore. “The location allows the company to enhance relationships with existing clients, as well as develop new accounts.”
Ruben Goodsell, Michael McCrary and Peter McWilliams of JLL represented the landlord TIAA-CREF.
About Newmark
Newmark is one of the largest real estate service firms in the world. Headquartered in New York, Newmark and London-based partner Knight Frank together operate from more than 240 offices in established and emerging property markets on five continents. With a combined staff of more than 7,000 and revenues last year exceeding $993 million, this major force in real estate is meeting the local and global needs of tenants, owners, investors and developers worldwide. For further information, visit www.newmarkkf.com.
Newmark is a part of BGC Partners, Inc. (NASDAQ:BGCP), a leading global brokerage company primarily servicing the wholesale financial markets. For further information, visit www.bgcpartners.com.