GigaCloud Technology Secures 833,388 Sq Ft Lease In Fontana, CA From Link Logistics And Prologis
13521 Santa Ana Avenue & 10721 Jasmine Street
1,666,776 SF
Summary
GigaCloud Technology, a B2B platform, secured two leases totaling over 833,388 sq ft in Fontana, CA. The leases were for industrial assets owned by Prologis and Blackstone's Link Logistics. The properties are located at 13521 Santa Ana Avenue and 10721 Jasmine Street. This transaction highlights the strong presence of e-commerce in the Inland Empire region, with GigaCloud Technology headquartered in El Monte, CA.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: Not specified
- Market: Fontana
- Address: 13521 Santa Ana Avenue & 10721 Jasmine Street
- Landlord: Luke J. Petherbridge - Link Logistics ; Hamid R. Moghadam - Prologis
- Tenant: Larry Lei Wu - GigaCloud Technology
GigaCloud Technology, led by Larry Lei Wu, secured these leases for their expanding operations in Fontana. The company's choice to lease properties owned by Link Logistics and Prologis demonstrates their confidence in the market and the suitability of these assets for their business needs.
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