ILAD EMPIRE Completed Leases and Sales December 2018 icholas Chang, CCIM, SIOR Richard Lee, SIOR Justin Kuehn Cal DRE Lic. #01344844 Cal DRE Lic. #01757870 Cal DRE Lic. #01966182 909.243.7614 nchang@naicapital.com 909.243.7601 rlee@naicapital.com 909.243.7627 jkuehn@naicapital.com
Completed Leases, December 2018 First andina Logistics Center 24385 andina Avenue Moreno Valley, CA 92551 Redlands Gateway Logistics Ctr 9889 Almond Avenue, Suite A Redlands, CA Tri City Industrial Complex 1445 S Tippecanoe Avenue, Suite A, CA Jasmine Distribution Center 13169 Slover Avenue Fontana, CA 92337 Market/Submarket: Inland Empire East Rent PSF: $0.41 Rent Type: Charges: - Lease SF: 1,387,899 Office SF: 9,987 Building SF: 1,387,899 ear Built: 2018 Term: 126 Free Rent: 6 $3.30 PSF DH: 224 GL: 4 Amps: 6000 Height: 40 Sprinklers: ard: Multi-Tenant: Rent Adjustments: 2.75% annual increases Comment: TI's: +/- $3.30 PSF TI's over Base specs. Base specs equated to roughly $1.75 which incuded 9,987 SF office, LED warehouse lighting at 25 fc Market/Submarket: Inland Empire East Rent PSF: $0.44 Rent Type: Charges: $0.14 Lease SF: 360,800 Office SF: 4,222 Building SF: 617,694 ear Built: 2017 Term: 60 Free Rent: 1 $2.50 PSF DH: 51 Amps: 2000 Height: 36 Sprinklers: ard: Comment: TI's: $250 PSF in addittion to $1.50 spec TI's. Base building specs include 4,222 Sf office area & LED warehouse lighting valued at approximately $1.50 Market/Submarket: Inland Empire East Rent PSF: $0.44 Rent Type: Charges: $0.15 Lease SF: 205,398 Office SF: To Suit Building SF: 344,249 ear Built: 2018 Term: 126 Free Rent: 6 $5.00 PSF DH: 60 Amps: 2000 Height: 32 Sprinklers: ard: Rent Adjustments: - Comment: 3% annual increases Rent PSF: $0.64 Rent Type: Charges: - Lease SF: 115,035 Office SF: - Building SF: 184,130 ear Built: 1999 Term: 62 Free Rent: 2 $1.00 PSF DH: 23 Amps: 4000 Height: 32 Sprinklers: ard: Rent Adjustments - Comments 3% annual increases
Completed Leases, December 2018 Tri City Industrial Complex 1385 S. Tippecanoe Avenue, CA Panattoni Commerce Center 5350 Ontario Mills Parkway, Suite 400 Ontario, CA 4980 E Vanderbilt Avenue Ontario, CA 91761 The Rexford Empire Lakes Tech 10860 6th Street Rancho Cucamonga, CA 91730 Rent PSF: $0.53 Rent Type: Charges: $0.15 Lease SF: 81,286 Office SF: 4,000 Building SF: 812,86 ear Built: 2018 Term: 36 Free Rent: - - DH: 13 GL: 2 Amps: 800 Height: 32 Sprinklers: ard: Options: - Comments: December early occupancy, 2 months 1/2 rent. Rent PSF: $0.71 Rent Type: Charges: $0.15 Lease SF: 80,667 Office SF: To Suit Building SF: 142,254 ear Built: 2006 Term: 63 Free Rent: 3 $1.50 PSF DH: 15 GL: 3 Amps: 1200 Height: 30 Sprinklers: ard: Multi-Tenant: Options: one Rent PSF: $0.81 Charges: - Lease SF: 27,101 Office SF: 4500 Building SF: 27,101 ear Built: 2000 Term: 62 Free Rent: 2 As Is DH: 3 GL: 2 Amps: 800 Height: 24 Sprinklers: ard: Rent PSF: $0.87 Rent Type: MG CAM: $0.09 Charges: - Lease SF: 26,506 Office SF: - Building SF: 26,506 ear Built: 1987 Term: 61 Free Rent: 1 - DH: 2 Amps: 400 Height: 24 Sprinklers: ard: -
Completed Leases, December 2018 Freeway Business Center 10888 San Sevaine Way, Suite B Mira Loma, CA 91752 Safari Business Center 1940 Carlos Avenue Ontario, CA 91761 1561 Vineyard Avenue Ontario, CA 91761 Corona Industrial Center 226 Sherman Avenue, Suite D Corona, CA 92882 Rent PSF: $0.82 CAM: $0.05 Charges: - Lease SF: 17,368 Office SF: 1,419 Building SF: 123,747 ear Built: 2000 Term: 36 Free Rent: 1.5 $0.00 DH: 4 Amps: 200 Height: 28 Sprinklers: ard: Comments: CAM: $0.05 PSF Rent PSF: $0.86 Charges: - Lease SF: 13,182 Office SF: 980 Building SF: 85,279 ear Built: 1985 Term: 45 Free Rent: 0 - DH: 1 Amps: 400 Height: 24 Sprinklers: ard: Multi-Tenant: Comments: TI's: Landlord to complete paint & carpet in office space Rent PSF: $0.85 Charges: - Lease SF: 7,372 Office SF: 935 Building SF: 7,372 ear Built: 1990 Term: 36 Free Rent: 1 - DH: 0 GL: 2 Amps: 400 Height: 16 Sprinklers: ard: Market/Submarket: Inland Empire East Rent PSF: $0.80 CAM: $0.05 Charges: - Lease SF: 4,590 Office SF: 600 Building SF: 26,750 ear Built: 1979 Term: 36 Free Rent: 0 $0.00 DH: 0 Amps: 200 Height: 17 Sprinklers: ard: Multi-Tenant: Options: - Comments: CAM: $0.05 PSF plus $35 per mo for water and $9 per mo for HVAC
Completed Leases, December 2018 Central Park 14692 Central Avenue Chino CA, 91710 Rent PSF: $1.12 CAM: $0.05 Charges: - Lease SF: 3,667 Office SF: 1,840 Building SF: 7,591 ear Built: 2003 Term: 36.5 Free Rent: 0 $0.00 DH: 0 Amps: 100 Height: 20 Sprinklers: ard: Multi-Tenant: Options: - Cedar Business Center 3100 E Cedar Street, Suite 18 Ontario, CA 91761 Rent PSF: $1.07 CAM: $0.07 Charges: - Lease SF: 3,281 Office SF: 676 Building SF: 145,365 ear Built: 2000 Term: 37 Free Rent: 0 $0.00 DH: 0 Amps: 200 Height: 22 Sprinklers: ard: Multi-Tenant: Options: -
Completed Sales, December 2018 Cajon Distribution Center 6207 Cajon Blvd., CA 92407 Oakmont Catawba 10798 Catawba Ave. Fontana, CA 92337 5080 Hallmark Pky., CA 92407 1580 Magnolia Ave. Corona, CA 92879 Riverside Sale Date: 12/18/2018 Sale Date: 12/7/2018 Sale Date: 12/21/2018 Sale Date: 12/14/2018 Sale Price: $96,638,000 Sale Price: $34,000,000 Sale Price: $18,000,000 Sale Price: $9,200,000 A A B B Building SF: 830,750 Building SF: 225,260 Building SF: 197,100 Building SF: 55,071 Land Area (Acres): 35.27 Land Area (Acres): 9.56 Land Area (Acres): 7.59 Land Area (Acres): 2.83
Completed Sales, December 2018 8720 Rochester Ave. Rancho Cucamonga, CA 91730 14978 Ceres Ave. Fontana, CA 92335 Komar Business Center 5635 Daniels St. Chino, CA 91710 Jefferson Business Park 26059 Jefferson Ave. Murrieta, CA 92562 Riverside Sale Date: 12/4/2018 Sale Date: 12/3/2018 Sale Date: 12/7/2018 Sale Date: 12/20/2018 Sale Price: $8,150,000 Sale Price: $3,500,000 Sale Price: $3,277,000 Sale Price: $1,714,500 B C A A Building SF: 60,256 Building SF: 35,400 Building SF: 29,599 Building SF: 9,265 Land Area (Acres): 2.72 Land Area (Acres): 3.9 Land Area (Acres): 0.91 Land Area (Acres): 0.22
Completed Sales, December 2018 Ontario Gateway Business Center 800 S. Rochester Ave., Unit B Ontario, CA 91761 Stadium Plaza South 12033 Jack Benny Dr. Rancho Cucamonga, CA 91739 Turner Commerce Center 26871 Hobie Cir., C3-4 Murrieta, CA 92562 777 S. Allen Street, CA 92408 Riverside Sale Date: 12/20/2018 Sale Date: 12/19/2018 Sale Date: 12/14/2018 Sale Date: 12/27/2018 Sale Price: $1,140,000 Sale Price: $1,125,000 Sale Price: $1,106,000 Sale Price: $945,000 C A B C Building SF: 21,898 Building SF: 26,581 Building SF: 39,706 Building SF: 10,815 Land Area (Acres): - Land Area (Acres): 0.51 Land Area (Acres): 3.2 Land Area (Acres): 0.6
Completed Sales, December 2018 Pine Brooks Industrial Park 1445 W Brooks St. Unit Ontario, CA 91762 Sale Date: 12/20/2018 Sale Price: $577,000 C Building SF: 41,350 Land Area (Acres): 2.14
Downtown Los Angeles Simi Valley San Fernando Valley - HQ South Bay Inland Empire Temecula Valley 601 S. Figueroa St., Suite 3825 Los Angeles, CA 90017 15821 Ventura Blvd., Suite 320 Encino, CA 91436 800. Haven Dr., Suite 400 Ontario, CA 91764 Orange County 1920 Main St., Suite 100 Irvine, CA 92614 2655 First Street, Suite 250 Simi Valley, CA 93065 970 W. 190th St. Dr., Suite 100 Torrance, CA 90502 27720 Jefferson Ave., Suite 330 Temecula, CA 92590 300 Esplanade Dr., Suite 1660 Oxnard, CA 93036 Victorville Pasadena West Los Angeles San Gabriel Valley East Westlake Village Valencia AI Capital Property Management 225 S. Lake Ave., Suite 1170 Pasadena, CA 91101 21660 E. Copley Dr., Suite 320 Diamond Bar, CA 91765 25060 Avenue Stanford, Suite 165 Valencia, CA 91355 13911 Park Avenue, Suite 206 Victorville, CA 92392 11835 W. Olympic Blvd., Suite 700E Los Angeles, CA 90064 2555 Townsgate Road, Suite 320 Westlake Village, CA 91361 Inland Empire Ventura County Palm Desert Westlake Village SFV HQ Downtown Los Angeles Orange County Pasadena San Gabriel Valley East Simi Valley South Bay West Los Angeles Temecula Valley Contact: Gail Robinson-Henry 1920 Main Street, Suite 100 Irvine, CA 92614 icholas Chang, CCIM, SIOR Richard Lee, SIOR Justin Kuehn Cal DRE Lic. #01344844 Cal DRE Lic. #01757870 Cal DRE Lic. #01966182 909.243.7614 nchang@naicapital.com LA orth Victorville Ventura County Palm Desert 75-410 Gerald Ford Dr., Suite 200 Palm Desert, CA 92211 CALIFORIA 909.243.7601 rlee@naicapital.com 909.243.7627 jkuehn@naicapital.com 800 orth Haven, Suite 400 Ontario, California 91764 909 945 2339 www.naicapital.com o warranty, express or implied, is made as to the accuracy of the information contained herein. This information is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and is subject to any special listing conditions imposed by our principals. Cooperating brokers, buyers, tenants and other parties who receive this document should not rely on it, but should use it as a starting point of analysis, and should independently confirm the accuracy of the information contained herein through a due diligence review of the books, records, files and documents that constitute reliable sources of the information described herein. Logos are for identification purposes only and September be trademarks of their respective companies. AI Capital, Inc. Cal DRE Lic. #01990696.