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Grand Channel Subleases 193,000 SF in Dolphin DC

Tenant Signs Full Bldg Deal for 45 Months
January 25, 2018
Grand Channel, Inc. has signed a sublease to occupy the entire 192,637-square-foot industrial building at 13780 Central Ave. in Chino, CA.

The master lease, held by Parker House Manufacturing, has 45 months remaining.

DCT Industrial Trust acquired the asset from Jag, Inc. in 2011 for $8.5 million, or about $44 per square foot, according to CoStar data.
See CoStar COMPS #2043830.

The single-story distribution building was built in 1987 on 8.6 acres in the West San Bernardino County submarket, within the Dolphin Distribution Center. The property features 16 loading docks and 12 drive-ins, 26-foot clear heights, 6,000-amp heavy power, a rail spur on Union Pacific RR, a fenced lot, skylights and courtyard.

Pierre DeLorenzo of NAI Capital Commercial in Ontario, CA represented the sublessor. Grand Channel was represented by Chang Sheng Realty.

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