Sika Corp Expands U.S. Operations With Long-Term Lease At 14090 Slover Avenue In Fontana
14090 Slover Avenue
Building Size
294,400 SF
Asset Type
Industrial
Closing
Aug 19, 2025
AI
The property asset involved in this transaction is a 294,400-square-foot industrial facility located at 14090 Slover Avenue in Fontana. The lease agreement was signed by Sika Corp., a Swiss chemical maker, for a long-term term. The owner of the property is CPL Slover LLC, who completed custom buildouts on the facility.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 14090 Slover Avenue
- Market: Fontana
- Landlord: CPL Slover LLC
- Tenant: Thomas Hasler - Sika
- Landlord's Representative: Joey Reaume & Richard Schwartz - Colliers
- Tenant's Representative: Rocky Moran & Cody Moran - Lee & Associates
- Lease Term: Long-term
The transaction features key representatives including Joey Reaume and Richard Schwartz from Colliers representing the landlord, and Rocky Moran and Cody Moran from Lee & Associates representing the tenant, Sika Corp. Their involvement highlights the collaboration between the parties in executing this transaction efficiently.
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