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NFI Leases 534,000 SF in Chino

Distribution Company Inks 5 Year Warehouse Deal
January 12, 2018
NFI Distribution, a shipping and supply chain management company, signed a five-year lease for the full 534,390-square-foot industrial building at 15835 San Antonio Ave. in Chino, CA.

John Hancock Real Estate acquired the asset from The Carson Companies as part of a $146.7 million, four-building portfolio sale in September 2008 that valued the asset, then fully leased, at $43.37 million, or about $81 per square foot, according to CoStar data.
See CoStar COMPS #1593333.

The single-story building was constructed in 2002 on 24.5 acres in the West San Bernardino County submarket, within the Chino South Business Park. It features auto and trailer parking, 102 loading docks with levelators and two drive-ins, 32-foot clear heights, 800-amp heavy power and a fenced lot.

Ray Rothfelder of John Hancock Real Estate represented the landlord in the full-building warehouse lease, and was the sole broker on the deal.

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