Published on Sunday, July 13, 2008
By Joseph Ascenzi jascenzi@thebizpress.com
A logistics company plans to move its operations in Ontario and Rialto into a larger building in Fontana.
Distribution Alternatives of Lino Lakes, Minn., leased a 597,000-square-foot warehouse-distribution facility at 9774 Calabash Ave. near Fontana, said Jim Koenig, senior vice president with CB Richard Ellis Ontario.
The seven-year lease, signed June 30, is worth $21 million, Koenig said.
Distribution Alternatives is making the move to streamline its Inland Empire operations, said Rob Davidson, president of The Davidson Cos. Inc., a full-service commercial real estate firm in Arden Hills, Minn.
"Efficiency, efficiency, efficiency," said Davidson, who represented Distribution Alternatives during the six-month lease negotiations. "The name of the game is efficiency. We're going from four operations to three, which will work a lot better. The management staff out there is spread way too thin
Read Full Article...
Comment/Review this Podcast:
Give us your feedback
The Business Press is interested in hearing what you think about our Podcasts.
You can give us your feedback by filling out our Audience Survey.
