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Incipio Group Leases Industrial Space In Corona To Principle For 322,201 SF

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LEASED

California

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Industrial322,201 SF
Leased 06/11/2018
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LEASED

Incipio Group Leases Industrial Space In Corona To Principle For 322,201 SF

1351 Railroad St, Corona, CA, 92882

See Similar Deals
Industrial322,201 SF
Leased 06/11/2018
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Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:322,201 SF
Transaction Type:Lease

The Industrial property located at 1351 Railroad St, Corona, CA, 92882 in Corona has been leased. The property spans 322,201 square feet and the transaction took place on 06/11/2018. The Tenant, Incipio Group, was represented by Mac Hewett and Mike McCrary from JLL, while the Landlord, Principle, was represented by Stephen (Steve) Bellitti from Colliers International.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not Applicable
  • Tenant's Rep: Mac Hewett(JLL), Mike McCrary(JLL)
  • Landlord's Rep: Stephen (Steve) Bellitti(Colliers International)
  • Tenant: Incipio Group
  • Landlord: Principle

The key individuals involved in this deal were Mac Hewett and Mike McCrary representing the Tenant, Incipio Group, along with Stephen (Steve) Bellitti from Colliers International, who also served as the Landlord's Representative.

Players

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


Mike McCrary
JLL
5 deals$410.6M volume(909) 467-6885
BROKER

Details

LEASED
IMAGE: 06/11/2018 ADDRESS: 1351 Railroad St, Corona, CA, 92882 MARKET: Corona ASSET TYPE: Industrial TENANT'S REP: Mac Hewett(JLL), Mike McCrary(JLL) LANDLORD'S REP: Stephen (Steve) Bellitti(Colliers International) BROKERS: Stephen (Steve) Bellitti(Colliers International) TENANT: Incipio Group LANDLORD: Principle SQUARE FEET: 322201

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Deal Type
Effective Rent (Annual)

$18,468,366.89

Total Lease Value

$184,683,668.90

Net Landlord Cash Flow$18,468,366.89