Sunday , May 12 2024
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Corona industrial building finds tenant

A third-party logistics company based in Eastvale has leased a warehouse distribution facility in Corona.

BDK Logistics Intelligence Inc. will occupy the 114,000-square-foot building at 1161 Olympic Drive, according to a statement.

Cushman & Wakefield Ontario represented Monterey Rancho Mirage LLC, the property’s owner, in the transaction. Terms of the agreement were not disclosed.

The freestanding building sits on five acres near Interstate 15 and the 91 Freeway,

The Inland region’s industrial vacancy was 3.4 percent during the second quarter, and the two-county region recorded more than 2.7 million square feet of positive net absorption during the first half of this year, according to the statement.

 

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