Otto International Inc Leases 254677 Sq Ft Office At The HUB In Ontario For 154 Months

A 254,677-sq.-ft. office building located at 3551 East Jurupa Street in Ontario is part of The HUB, a 200-acre logistics park. The facility is developed by CanAm Ontario, Affinius Capital, and McDonald Property Group. It is set to open near Ontario International Airport and will feature automation for fulfillment scaling, with the overall project aiming for LEED Gold certification and a 35% reduction in embodied carbon.

Summary of transation details:

• Property Type: Office
• Transaction Amount: Not specified
• Lease Term: 154-month
• Landlord: Eddie Gonzalez - Affinius Capital; Bruce McDonald - McDonald Property Group
• Tenant: Razgo Lee - Otto International, Inc
• Landlord's Rep: Barbara Perrier, Darla Longo, Joe Werdein, Joey Sugar & Walt Arrington - CBRE
• Tenant's Rep: Dillon Dummit & Dylan McDonald - Savills

The lease for the facility was signed by Otto International, indicating a significant commitment to the location and the logistics park. The involvement of multiple agencies highlights the complexity and scale of the transaction, with key representatives facilitating the agreement for both the landlord and tenant.