Lovett Industrial to Build 298 KSF Inland Empire Facility
Lovett Industrial has obtained entitlements for the development of Schaefer Logistics Center, a 298,000-square-foot industrial facility in Chino, Calif., within the Inland Empire West submarket.
Lovett acquired the development site in 2023, for $40 million, according to San Bernardino County public records.
Construction start is scheduled for the fourth quarter of this year, while completion is expected by the end of 2025. Colliers Vice Chairs Clyde Stauff and Jace Gan will lead marketing and leasing efforts.
Schaefer Logistics Center will rise at 13610 Yorba Ave. and will have 36-foot clear heights, 7-inch concrete slabs, 46 dock-high doors, 56 trailer parking spots and a truck court.
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The development will include infrastructure improvements, such as road widening on both Yorba and Schaefer Avenues, new and modified traffic signals, sidewalks and bike lanes.
The 14-acre site is near Interstate 10 as well as Chino Airport, 10 miles from Ontario International Airport, 23 miles from Riverside, Calif., 24 miles from Anaheim, Calif. and within 34 miles of Orange County, Calif. Both the Port of Los Angeles and the Port of Long Beach are within 55 miles.
Significant projects coming to the Inland Empire
A few other major industrial projects are planned to come online in the market. Earlier this year, Shopoff Realty Investments acquired 55 acres along Interstate 10, where it will build a 1 million-square-foot distribution center. Construction scheduled to start in the third quarter.
CBRE Investment Management and Hillwood Investment Properties are developing Speedway Commerce Center in Fontana, Calif. The 6.6 million-square-foot campus was funded with a $756 million package earlier this year.
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