facebook
Traded Co logo
Submit

Modus Furniture International Leases 231600 Square Feet At 11751 Cabernet Dr Fontana CA

Property Image
LEASED

California

See Similar Deals
Industrial231,600 SF
Leased 03/28/2017
the dealplayerscompscontact
Property Image
LEASED

Modus Furniture International Leases 231600 Square Feet At 11751 Cabernet Dr Fontana CA

11751 Cabernet Dr, Fontana, CA, 92337

See Similar Deals
Industrial231,600 SF
Leased 03/28/2017
Contact now

Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:231,600 SF
Transaction Type:Lease

The lease at 11751 Cabernet Dr, Fontana, CA, 92337, encompasses a facility within the 140-acre Vintage Park East Industrial Park. This property has a total square footage of 231,600 and is situated in the Fontana market. The lease is valued at $6M, reflecting a five-year renewal by the tenant, Modus Furniture International.

Summary of transaction details:

  • Property Type: LEASE
  • Transaction Amount: $6M
  • Address: 11751 Cabernet Dr, Fontana, CA, 92337
  • Market: Fontana
  • Landlord: Vintage Park East LLC
  • Landlord's Representative: Kevin McKenna, Colliers International
  • Tenant: Modus Furniture International
  • Square Feet: 231,600

Colliers International, represented by Kevin McKenna for the landlord, played a vital role in this transaction, while a team consisting of executive vice presidents Stephen Bellitti and Thomas Taylor, along with vice president Summer Coulter, represented Modus Furniture International from Colliers' Ontario office. Modus also operates showrooms in High Point, N.C., and Las Vegas, in addition to the Fontana distribution center.

Players

Stephen (Steve) Bellitti
7 deals$521.9M volume(626) 512-2225
BROKER

Kevin McKenna
Colliers
5 deals$135M volume
BROKER


LANDLORD

Details

LEASED
IMAGE: 11751 Cabernet Dr, Fontana, CA, 92337 MARKET: Fontana LANDLORD'S REP: Kevin McKenna(Colliers International) TENANT: Modus Furniture International LANDLORD: Vintage Park East LLC SQUARE FEET: 231600

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Effective Rent (Annual)

$13,275,172.24

Total Lease Value

$132,751,722.43

Net Landlord Cash Flow$13,275,172.24