XPO Logistics Leases 447000 Square Feet At 2163 S Riverside Ave Colton From Black Creek Group

The property asset involved in this transaction is a 447,000-square-foot Class A distribution facility located at 2163 S Riverside Ave, Colton, CA. The market for this property is Colton, and it is currently 100% leased to XPO Logistics as part of a full-building lease agreement. The landlord for this lease is Black Creek Group.

Summary of transaction details:

• Property Type: Lease
• Transaction Amount: Not specified
• Address: 2163 S Riverside Ave, Colton, CA, 923...
• Market: Colton
• Landlord: Black Creek Group
• Tenant: XPO Logistics
• Landlord's Rep: Ken Anderson - DAUM Commercial

The arrangement was facilitated by several key individuals, including Mike Chavez from Lee & Associates and Steve Shields from TPC, who represented the tenant, XPO Logistics. On the landlord's side, Daum Commercial's Rick John, Ken Anderson, and Gus Andros played essential advisory roles. Additionally, Black Creek Group has initiated construction on three additional Class A distribution warehouses totaling 694,000 square feet in the Inland Empire.