class a industrial building southern california 100%
TRANSCRIPT
SOUTHERN CALIFORNIA LOGISTICS CENTRE - DC 13B
1 3 3 6 4 A E R O S P A C E D R I V E , I N L A N D E M P I R E , C A
CLASS A INDUSTRIAL BUILDING TOTALING 444,740 SF100% LEASED TO TWO MAJOR TENANTS THROUGH SEPTEMBER 2026 & MARCH 2027
A CBRE National Partners Industrial Investment Opportunity
1 E x E c u t i v E S u m m a ry
CBRE, Inc. is pleased to present an excellent opportunity to acquire 13364 Aerospace Drive, a Class A cross-dock industrial building totaling 444,740 SF located within the SOUTHERN CALIFORNIA LOGISTICS CENTRE (SCLC) in Victorville, CA. The building is 100% leased to Arden Companies and Plastipak Packaging, Inc. through September 2026 and March 2027, respectively.
Located just 35 minutes north of Ontario, CA, Victorville is the leading city for both industry and retail in the High Desert region. The High Desert is a growing community with affordable housing and nearly 400,000 residents, making it an attractive location for manufacturing and distribution users.
Investors have the opportunity to purchase the building individually or in conjunction with either or both DC 3 and DC 13A shown on the aerial on page 2.
THE OFFERING
DC 13B 13364 Aerospace Drive, Victorville, CA
Occupancy 100%
Tenants Arden CompaniesPlastipak Packaging, Inc.
Lease Expiration September 2026 / March 2027
Square Footage 444,740
Land Size 21.7 Acres
Office SF 5,000
Clear Height 32’
DH/GL Doors 112/4
Truck Court Depth 185'
Year Built 2016
NOI $1.8M
2 E x E c u t i v E S u m m a ry
PRODUCT SYSTEMS ENGINEERING
SCLASOUTHERN CALIFORNIA
LOGISTICS AIRPORT Leading Edge
DC 13A
DC 3
SCLC AERIAL
DC 13B IS BEING OFFERED INDIVIDUALLY OR WITH DC 13A AND DC 3.
DC 13B
3 E x E c u t i v E S u m m a ry
PHANTOM W
AEROSPACE
SABRE BLVD
DC 13B
SOUTHERN CALIFORNIA LOGISTICS AIRPORT (SCLA)
DC 13A
AERIAL
4 E x E c u t i v E S u m m a ry
STATE-OF-THE-ART INDUSTRIAL BUILDING » State-of-the-art industrial facility totaling 444,740 SF on approximately
21.71 acres » Flexible design to accommodate single or multi-tenant configurations,
providing future leasing flexibility » Features concrete tilt-up construction with a 4-ply asphalt roof, 3%
skylights, ESFR sprinklers and ample loading » 32' minimum clear height » SCLC includes business park management, onsite property management
and security patrol
STRONG MARKET DYNAMICS » In 2018, the Inland Empire (IE) had the highest annual net absorption of
any U.S. industrial market at 21.7 MSF » The market generated over 43.6 MSF of gross activity and 22.0 MSF of
net absorption during 2018, surpassing a strong year in 2017 with 41.4 MSF of gross activity and 19.4 MSF in net absorption
» Overall Inland Empire vacancy remained low during the first quarter, reaching 3.6% (down 10 bps quarter-over-quarter)
» At the end of the first quarter, there were only 7 Inland Empire buildings in the 400,000-500,000 SF size rage that were existing (and available) or under construction; there are pending deals in progress that will further lower the supply
» Big box leases in the Inland Empire North region (IE North) are about two-thirds the cost of other Inland Empire submarkets. These cost savings, along with nearby affordable housing and abundant labor force, makes SCLC an attractive location for manufacturing and distribution users
» New housing starts in the IE North increased by 17% in 2017, demonstrating the strong economic growth in the region and rapidly growing workforce
» The economic growth, logistical advantages, abundant and affordable labor and low cost of real estate make the High Desert one of the best distribution locations for major corporations in Southern California
100% LEASED THROUGH SEPTEMBER 2026 & MARCH 2027 » 100% leased to 2 major tenants Plastipak and Arden Companies, with
staggered rollover » In-place rents at DC 13B are approximately 11.2% below market, providing
future upside to NOI upon lease rollover » Plastipak was founded in 1967 and is a leading manufacturer of plastic
packaging containers for many of the world’s largest consumer product companies
» The company has $2.7 billion in annual sales, 6,600 employees and 47 production sites
» Plastipak has also occupied DC 13A since 2009, demonstrating their commitment to the area, and bringing their total space at the park to 530,230 SF
» Arden Companies is the leading U.S. manufacturer/marketer of outdoor furniture and décor, established 50+ years ago and with an estimated revenue of $138 million
» The company relocated from Rancho Cucamonga to the High Desert in order to provide a larger manufacturing footprint on the West Coast which will accommodate increased future production
» SCLC is also an ideal location for Arden Companies to receive overseas shipments
OFFERING HIGHLIGHTS
5 E x E c u t i v E S u m m a ry
GLOBAL ACCESS MASTER PLAN
SOUTHERN CALIFORNIA LOGISTICS AIRPORT
SOUTHERN CALIFORNIA RAIL CENTER (“SCRC”)
SOUTHERN CALIFORNIA LOGISTICS CENTRE
(“SCLC”)
CORPORATE PRESENCE
CREDIT HIGHLIGHTS
SOUTHERN CALIFORNIA LOGISTICS CENTRE (SCLC)
(2,500 ACRES)
SOUTHERN CALIFORNIA
LOGISTICS AIRPORT (SCLA)
(2,500 ACRES)
SOUTHERN CALIFORNIA RAIL COMPLEX (SCRC)
(3,500 ACRES)
Air ExpresswayFuture High
Desert Corridor 15
395
THE PROJECTAt completion, the Project is anticipated to create more than 24,000 jobs and support another 18,500 jobs in the surrounding area. The Project is planned to be a 8,500-acre multimodal freight transportation hub supported by air, ground and rail connections.
SOUTHERN CALIFORNIA LOGISTICS AIRPORT ("SCLA")The SCLA includes 2,500 acres of land for world-class aviation and air cargo facilities serving domestic and international needs.
SOUTHERN CALIFORNIA RAIL COMPLEX (“SCRC”)The SCRC is a planned 3,500-acre intermodal rail and multi-modal complex including rail-served facilities.
SOUTHERN CALIFORNIA LOGISTICS CENTRE (“SCLC”)The SCLC is a 2,500-acre commercial and industrial development that will total 60 million square feet of development.On its website, SCLC lists several advantages for tenants:
» Air cargo services » Minutes from I-15 and US-395 » Less than 100 miles from the Ports of Los Angeles and
Long Beach » Optimal location for interstate and international
distribution » Large skilled work force population » Low cost reliable power » Lowest operating costs in the region » Lower land prices compared to Los Angeles and other
locations in the Inland Empire
OFFERING HIGHLIGHTS
6 E x E c u t i v E S u m m a ry
395
To Bakersfield, Sacramento, and
Seattle
15
To Las Vegas, Salt Lake City and
Chicago
VictorvilleApple Valley
Hesperia
Adelanto
To Palmdale
To Ports of Los Angeles & Long Beach To 10 Freeway and Phoenix
CORPORATE PRESENCEMORE THAN 100 COMPANIES HAVE CHOSEN TO LOCATE IN THE VICTORVILLE AREA, INCLUDING THE FOLLOWING:
THE AUTO PARK AT VALLEY CENTER
DESERT PLAZA TENANTS
PROFESSIONAL NAIL & SPA
THE MALL OF VICTOR VALLEY
DUNIA PLAZA
RESTAURANT ROW
THE CROSSROADS @ 395
LOCAL MAP
7 E x E c u t i v E S u m m a ry
KEY DISTANCES
SCLC ADVANTAGES » Optimal Location for Interstate and International
Distribution with 2,600-Acre Foreign Trade Zone (FTZ #243)
» Multimodal Logistics Centre with LAMBRA (Local Agency Military Base Recovery Area) Incentives
» Air Cargo Services with Secured U.S. Customs » More than 300,000 qualified and skilled workers
availble within the Victor Valley at competitive rates » Municipalized Utilities/Low Cost Reliable Power » Economic growth, logistical advantages and low
operating and labor costs make Victorville one of the best distribution locations for major corporations in Southern California
THE CALIBER OF COMPANIES (NEWELL BRANDS, PLASTIPAK PACKAGING, RED BULL, SPARKLETT'S, MARS, DR. PEPPER/SNAPPLE, GE, BOEING AND FEDEX) THAT SELECT SCLA AND SCLA AS A DISTRIBUTION HUB IS A TESTAMENT TO THE REGION’S ADVANTAGES
REGIONAL MAP
» San Bernardino BNSF Intermodal » 41 mi » Ontario International Airport » 45 mi » Orange County » 83 mi » Los Angeles » 85 mi » John Wayne International Airport » 87 mi » Los Angeles International Airport » 101 mi » Ports of Los Angeles/Long Beach » 102 mi » San Diego » 146 mi » Las Vegas » 188 mi
ALAMEDA CORRIDOR
BURLINGTON NORTHERN SANTA FE
UNION PACIFIC
TO LAS VEGAS
TO PHOENIX
TO SAN DIEGO
TO TEJON RANCH
Banning/ Beaumont
TO LAS VEGASTO BAKERSFIELD / SAN FRANCISCO
8 E x E c u t i v E S u m m a ry
Ports of Los Angeles and Long Beach
Port Hueneme
Los Angeles
San Francisco
Galveston10
35
10
40
El Paso
(8 HOURS)
(16HOU
RS)
(24HOU
RS)
99
1
101
8
10
10
17
70
15
80
5
5
80
25
25
70
40
20
35
30
40
44
80
90
94
15
90
82
395
101
395
Portland
Dallas
Salt Lake CityCheyenne
Pocatello
Butte Bismarck
Omaha Des Moines
Minneapolis
Kansas City
LittleRock
Topeka
Seattle
Sioux Falls
NewOrleans
San Antonio
Tucson
ColoradoSprings
Fargo
St. Louis
Duluth
Eugene
Spokane
Flagstaff
Vancouver
Reno
Denver
WichitaSpringfield
Memphis
Chicago
Amarillo
Laredo
58
Houston
Victorville
SanBernardino
Bakersfield
San Jose
Phoenix
oSacrament
Oklahoma City
Albuquerque
LasVegas
Fresno
Port of San Diego
San Diego
IOWA
MISSOURI
ARKANSAS
KANSAS
OKLAHOMA
NEBRASKA
LOUISIANA
CALIFORNIA
C A N A D A
M E X I C O
NEW MEXICO
IDAHO
TEXAS
NEVADA
ARIZONA
UTAHCOLORADO
WYOMING
MONTANA
OREGON
WASHINGTON
NORTH DAKOTA
SOUTH DAKOTA
MINNESOTA
LOCATION STRENGTH
CREDIT HIGHLIGHTS
LOCATION STRENGTHSThe Property is located within an expansive network of air, ground and rail transportation and port connections. » Located 30 minutes north of Ontario » Located 60 minutes northeast of Los Angeles » Less than 100 miles from the Ports of Los Angeles
and Long Beach » Minutes from Interstate 15 and US 395 » Access to the Midwest within 24 hours » Moderate climate year round
RADIUS MAP
9 E x E c u t i v E S u m m a ry
DiStriButiON cENtrE 13B13364 aErOSPacE | victOrviLLE, ca
Aerospace
Sabre
185’
FutureO
ffice
Trailer Parking
Trailer Parking
185’
60’60’
50’50’
50’50’
60’60’
52’ TYP.
988’
Office
2,500 sf
FutureO
fficeFutureO
ffice
P.M.
D I S T R I B U T I O N C E N T R E 13B
SABRE BO
ULEVARD
DC 13B – SUITE 200233,740 SFExp. 3/2027
DC 13B – SUITE 100211,000 SFExp. 9/2026
AEROSPACE
10 E x E c u t i v E S u m m a ry
SCLA & SCLC tenants include Arden Companies, Boeing, ComAV, Dr. Pepper/Snapple, Exel, Fastenal, FedEx, GE Aviation, Mars, Newell, Pratt & Whitney, Red Bull, Sparkletts and Solar City.
Pratt & Whitney
LEADING EDGEAVIATION SERVICES
747
SCA
LOT 38C 13.91 AC
LOT 46A 2.8 AC
LOT 46B 4.3 AC
LOT 46C 4.9 AC
LOT 46D 3.5 AC
LOT 46G 5.00 AC
LOT 46F 3.5 AC
LOT 46E 3.5 AC
LOT 21A 19.4 AC
LOT 22 20.0 AC
LOT 21 21.9 AC
LOT 20 63.20 AC
LOT 19 66.47 AC
32
43
EVEV
CVCVCVEVEVEVEVEVEVEVEVEVEVEVEV
EVCV
SCLC MASTER PLAN
S C L A SOUTHERN CALIFORNIA
LOGISTICS AIRPORT
A I R E X P R E S S W A Y
BLDG 1BLDG 3
LOT 4 36.5 AC
LOT 12 14.2 AC
BLDG 13B BLDG
13A
BLDG 15
A
BLDG 15
B
LOT 27 12.5 AC
LOT 28 23.25 AC
GOLF COURSE
POWER PLANT
PHAN
TOM
WES
T
INNOVATION
NEV
ADA
PHANTOM EAST
SOUTHERN CALIFORNIA RAIL COMPLEX
P R O P O S E D S C R C
54.0 AC / 850,000 SF
LOT 45 108.5 AC
ADEL
ANTO
R
OAD
INNOVATION
PHANTOM WEST
NAVIGATION
MOMENTUM
LOT 38B 74.8 AC
AEROSPACE
SABRE
LOT 43B 25.0 AC
LOT 43C 21.9 AC
LOT 44 108.8 AC
GAT
EWAY
GAT
EWAY
GAT
EWAY
RGA
S O U T H E R N C A L I F O R N I A L O G I S T I C S C E N T R E
LOT 26 47.0 AC
LOT 23 19.90 AC
LOT 25 20.0 AC
LOT 24 30.0 AC
LOT 32 / 33 113.1 AC
LOT 2 44.90 AC
LOT 7 57.1 AC LOT 8
30.1 AC
LOT 17 22.6 ACLO
T 15C
4.2 A
C
LOT 15D 4.1 AC
LOT 16 12.3 AC
BLDG 18
LOT 15F
1.8 AC
INDUSTRIAL GRADE
TREATMENT PLANT
Pratt & Whitney
LEADING EDGEAVIATION SERVICES
747
SCA
LOT 38C 13.91 AC
LOT 46A 2.8 AC
LOT 46B 4.3 AC
LOT 46C 4.9 AC
LOT 46D 3.5 AC
LOT 46G 5.00 AC
LOT 46F 3.5 AC
LOT 46E 3.5 AC
LOT 21A 19.4 AC
LOT 22 20.0 AC
LOT 21 21.9 AC
LOT 20 63.20 AC
LOT 19 66.47 AC
32
43
EVEV
CVCVCVEVEVEVEVEVEVEVEVEVEVEVEV
EVCV
SCLC MASTER PLAN
S C L A SOUTHERN CALIFORNIA
LOGISTICS AIRPORT
A I R E X P R E S S W A Y
BLDG 1BLDG 3
LOT 4 36.5 AC
LOT 12 14.2 AC
BLDG 13B BLDG
13A
BLDG 15
A
BLDG 15
B
LOT 27 12.5 AC
LOT 28 23.25 AC
GOLF COURSE
POWER PLANT
PHAN
TOM
WES
T
INNOVATION
NEV
ADA
PHANTOM EAST
SOUTHERN CALIFORNIA RAIL COMPLEX
P R O P O S E D S C R C
54.0 AC / 850,000 SF
LOT 45 108.5 AC
ADEL
ANTO
R
OAD
INNOVATION
PHANTOM WEST
NAVIGATION
MOMENTUM
LOT 38B 74.8 AC
AEROSPACE
SABRE
LOT 43B 25.0 AC
LOT 43C 21.9 AC
LOT 44 108.8 AC
GAT
EWAY
GAT
EWAY
GAT
EWAY
RGA
S O U T H E R N C A L I F O R N I A L O G I S T I C S C E N T R E
LOT 26 47.0 AC
LOT 23 19.90 AC
LOT 25 20.0 AC
LOT 24 30.0 AC
LOT 32 / 33 113.1 AC
LOT 2 44.90 AC
LOT 7 57.1 AC LOT 8
30.1 AC
LOT 17 22.6 ACLO
T 15C
4.2 A
C
LOT 15D 4.1 AC
LOT 16 12.3 AC
BLDG 18
LOT 15F
1.8 AC
INDUSTRIAL GRADE
TREATMENT PLANT
CORE PROJECT AREA SITE AREA (AC)BLDG. AREA (SF)
Building 1 13133 Innovation 45.8 1,000,010Lot 2 44.9 1,000,000Building 3 17182 Nevada 52.0 1,050,667Lot 4 36.5 625,000Lot 7 57.1 1,130,000Lot 8 30.1 590,020Lot 10 4.2 82,328Lot 12 14.2 267,000Building 13A 13415 Sabre 17.5 296,490Building 13B 13325 Sabre 21.7 444,740Building 15A 18499 Phantom West 7.9 123,750Building 15B 13644 George 6.1 100,023Lot 15C 4.2 55,000Lot 15D 4.1 40,000Lot 15F 1.8 20,146Sabre Building 13290 Sabre 5.6 55,000Lot 16 12.3 241,104Lot 17 22.6 443,005Building 18 19.4 370,023Lot 19 47.0 950,000Lot 20 63.2 1,100,000Lot 21 41.3 750,000Lot 22 20.0 320,000Lot 23 19.9 320,000Lot 24 30.0 525,000Lot 25 20.0 320,000Lot 26 47.0 805,000Lot 27 12.5 215,000Lot 28 23.3 400,000Lot 32/33 113.1 2,000,000Lot 38C 13.9 200,000
TOTALS 859.1 15,839,306
WEST PROJECT AREA SITE AREA (AC)BLDG. AREA (SF)
Lot 38B 74.8 1,150,000Building 43E 18180 Gateway 54.0 850,000Lot 43W 46.9 920,000Lot 44 108.8 2,200,000Lot 45 108.5 2,200,000Lot 46 26.4 400,000
TOTALS 419.4 5,720,000
PROJECT TOTALS 1,279 21,559,306
CORE PROJECT AREA SITE AREA (AC) BLDG AREA (SF)
TOTALS 859.1 15,839,306
WEST PROJECT AREA SITE AREA (AC) BLDG AREA (SF)
TOTALS 419.4 5,720,000
PROJECT TOTALS 1,279 21,559,306
MASTER SITE PLAN
DC 13B
O F F E R I N G M E M O R A N D U M
DARLA LONGOCBREVice Chairman/Managing DirectorLic. 00639911+1 909 418 [email protected]
BARBARA PERRIERCBREVice ChairmanLic. 00969169+1 213 613 [email protected]
CAPITAL MARKETS EXPERTS
JAY DICKCBRESenior Vice PresidentLic. 01014089+1 909 418 [email protected]
LOCAL MARKET EXPERTS
4141 Inland Empire Blvd, Ste 100 Ontario, California 91764
REBECCA PERLMUTTERCBRESenior Vice PresidentLic. 01838624+1 310 922 [email protected]
BRETT HARTZELLCBREExecutive Vice PresidentLic. 5876+1 206 292 [email protected]
ERIC COXCBRESenior AssociateLic. 02027752+1 213 613 [email protected]
DEBT & STRUCTURED FINANCE
VAL ACHTEMEIERCBREExecutive Vice President Lic. 01868169 +1 213 613 3109 [email protected]
MATT SCHMIDTCBRESenior Associate DirectorLic. 02022834+1 213 613 [email protected]
© 2019 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners.
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SOUTHERN CALIFORNIA LOGISTICS CENTREDC13B
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