Auto Parts Distribution Company Leases 522,267 Square Foot Industrial Facility In Chino For Over $42M

An auto parts distribution company has leased an industrial facility located at 16380 Euclid Avenue, Building 3, in Chino, California. The total space involved in the lease transaction spans 522,267 square feet, with the transaction valued at more than $42 million.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Over $42 million
• Square Footage: 522,267 SF
• Address: 16380 Euclid Avenue, Chino, CA
• Landlord: Andrew Schlossberg - Invesco
• Landlord's Representative: Steve Bellitti, Tom Taylor, Joey Jones & Evelyn Manning - Colliers
• Tenant's Representative: Gus Andros, Nathan Lara, Andrew Lara, Rudy Lara & Jack Nersesian - Daum Commercial Real Estate Services

This lease transaction involved the representation of both the landlord and tenant by respective brokers. The landlord, Andrew Schlossberg, was represented by a team from Colliers, including Steve Bellitti, Tom Taylor, Joey Jones, and Evelyn Manning. The tenant was represented by Gus Andros and a group from Lara CRE: Nathan Lara, Andrew Lara, Rudy Lara, and Jack Nersesian of Daum Commercial Real Estate Services.