Howard Schwimmer Of Rexford Industrial Realty Extends Tireco Lease At 10545 Production Avenue In Fontana
10545 Production Avenue
Building Size
1,100,000 SF
Asset Type
Industrial
Closing
Feb 6, 2026
AI
This lease transaction involves an industrial property located at 10545 Production Avenue in Fontana, with an asset size of 1,100,000 square feet. The facility is part of the Inland Empire market and has recently undergone a lease extension.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 10545 Production Avenue
- Market: Fontana
- Landlord: Howard Schwimmer - Rexford Industrial Realty
- Tenant: Tireco Inc.
- Lease Expiration: Extended to 2030
- Previous Lease Expiration: 2027
The lease extension was facilitated by Howard Schwimmer, representing Rexford Industrial Realty, securing a long-term occupancy for Tireco Inc. at the facility. This arrangement confirms Tireco's commitment to the location by extending its lease for an additional three years.
Players
Fontana Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93