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BDK Logistics Leases 114,190-SF Industrial Facility In Corona From Monterey Rancho Mirage, LLC

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LEASED

California

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Industrial114,190 SF
Leased 08/16/2023
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LEASED

BDK Logistics Leases 114,190-SF Industrial Facility In Corona From Monterey Rancho Mirage, LLC

1161 Olympic Drive Corona, California 92881, USA

See Similar Deals
Industrial114,190 SF
Leased 08/16/2023
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Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:114,190 SF
Transaction Type:Lease

BDK Logistics Intelligence, Inc. has leased a 114,190-square-foot industrial facility located at 1161 Olympic Drive in Corona, CA. The property, owned by Monterey Rancho Mirage, LLC, is ideally situated in Southern California's Inland Empire, providing convenient access to major freeways. This spacious industrial space offers ample room for BDK Logistics Intelligence, Inc. to carry out their operations efficiently.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: N/A
  • Square Footage: 114,190
  • Address: 1161 Olympic Drive, Corona, CA
  • Market: Corona

The industrial lease deal at 1161 Olympic Drive in Corona involved BDK Logistics Intelligence, Inc. as the tenant and Monterey Rancho Mirage, LLC as the landlord. Acting as brokers for the transaction were Brett Lockwood and Rick Ellison from Cushman & Wakefield. This lease agreement allows BDK Logistics Intelligence, Inc. to benefit from the prime location and convenient access to transportation networks offered by the Inland Empire region, supporting their logistics operations effectively.

Players

Rick Ellison
24 deals$1.4B volume
BROKER

Brett Lockwood
Cushman & Wakefield
3 deals$67M volume
BROKER

Details

LEASED
IMAGE: Rick Ellison DATE: 08/16/2023 ADDRESS: 1161 Olympic Drive MARKET: Corona ASSET TYPE: Industrial ~ SF: 114,190 LANDLORD: Monterey Rancho Mirage, LLC TENANT: BDK Logistics Intelligence, Inc. BROKERS: Brett Lockwood & Rick Ellison - Cushman & Wakefield NOTE: BDK Logistics Intelligence, Inc. has leased a 114,190-square-foot industrial facility at 1161 Olympic Drive in Corona, CA. The property, owned by Monterey Rancho Mirage, LLC, is well-situated in Southern California's Inland Empire with convenient access to major freeways.

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Deal Type
Effective Rent (Annual)

$6,545,301.89

Total Lease Value

$65,453,018.93

Net Landlord Cash Flow$6,545,301.89