iDC Logistics Leases Two Industrial Facilities in Fontana, Calif. and Garden City, Ga. Totaling More Than 553,000 Square Feet -- CBRE

CBRE announced two industrial leases in Fontana, Calif. and Garden City, Ga., totaling to more than 553,000 sq. ft. to iDC Logistics, Inc.

Jeff Vertun and Lauren Peddicord of CBRE represented iDC, a national third-party logistics company, in both transactions. Joe Werdein of CBRE assisted at the Fontana location and Jacob Westfall of CBRE in Georgia. The Fontana facility is owned by Chartwell Real Estate, while AEW Capital Management is the landlord at the Georgia property.

“We are excited to expand our presence in key port markets across the U.S.,” said iDC Logistics CEO Elton Chung. “These facilities will allow us to continue to deliver best-in-class logistics solutions tailored to our customers unique needs, as they ship to some of the largest retailers in the world.”

The Southern California property, located at 10840 Cherry Ave. in the Inland Empire West, measures 189,523 square feet and is new Class A construction, which iDC will fully occupy.

“With the Southern California industrial vacancy rate below 1 percent as well as customer and supply chain volatility, it was crucial for us to have a deep understanding of iDC’s changing needs and help align their business with the optimal real estate strategy,” said Vertun. “This in-depth knowledge helped us win iDC a very competitive facility.”

iDC will also fully occupy the Georgia property at 1516 Old Dean Forest Rd, which measures 364,250 sq. ft. It is adjacent to the Garden City Terminal at the port of Savannah, one of the United States’ fastest-growing container ports, projecting around eight million containers annually by 2027.

Vertun continued, “To help iDC find the most strategically valuable locations, we were able to run an extensive analysis, including labor analytics, transportation analysis, project cost management and more.”

iDC Logistics will be fully operational in both buildings in the first half of 2022.