Dedeaux Expands Portfolio of California Transportation-Oriented Properties

*Courtesy of Dennis Kaiser, ConnectCRE, (Source Article)

December 15, 2017

Los Angeles-based Dedeaux Properties completed a 40,040-square-foot, state-of-the-art truck terminal in Fontana, CA. Located on a nine-acre site at 10701-10789 Redwood Ave., this highly secured facility features 157 trailer parking stalls and 74 dock high doors. International logistics firm CEVA Freight signed a five-year lease for the property.

The SoCal-based industrial investor and developer is also planning to break ground on a 101-door cross dock facility with 144 trailer parking doors in Rancho Cucamonga after acquiring an 11.47-acre industrial site at 8822 Etiwanda Ave. Construction is scheduled to commence Q1 2018.

The company also signed long-term leases at trucking facilities in key SoCal industrial markets. Deals include an unnamed Fortune 100 logistics company taking a long-term lease for a 24/7 fully secured truck storage facility at 20825 Currier Rd. in the City of Industry, and Central Transport signing a five-year lease extension and expansion at 550 Alameda St. in Compton.