*Courtesy of LA Business Journal, (Source Article)
April 10, 2023
Dedeaux Properties has announced the highly anticipated delivery of the Lilac Terminal, a 47,809-square-foot, Class-A, cross-dock distribution facility situated on the 12.03-acre site at 2238 S. Lilac Avenue in the Inland Empire submarket of Bloomington. Dedeaux acquired the Lilac Terminal site in April 2021 and recently completed construction, delivering to market amidst extremely low inventory and strong demand for modern trucking terminals in Southern California’s Inland Empire. The Lilac Terminal is ideal for fleet transportation tenancies that service high-volume e-commerce retailers.
“The Southern California Industrial market remains strong. There are very few logistics sites of this size for lease, and Dedeaux Properties remains focused on attracting the best-inclass tenants to occupy our facilities,” said president and managing director Brett Dedeaux.
Positioned amidst one of the country’s most dynamic and desirable industrial real estate markets, the Lilac Terminal offers a unique opportunity to enter the primary transportation hub for Southern California big box retailers, such as Home Depot, Target, Costco, Walmart, and Best Buy. This unique trans-loading facility is fully fenced and secured for truck and trailer storage. In addition to its proximity to Interstate 10, the site features a 5,698 square-foot, two-story office area, a flow-through cross-dock configuration with 85 dock high loading doors, parking for 226 truck trailers, 44 auto parking stalls, one-grade level door, and 26-foot minimum warehouse clearance.
The Colliers Industrial Team of Clyde Stauff and Jace Gan is exclusively marketing the site. “The Lilac Avenue cross dock is a unique transportation property that offers the benefits of proximity to the largest concentration of e-commerce warehouse and distribution centers in the United States,” says Gan. “Dedeaux Properties carefully designed this state-of-the-art facility to meet the needs of today’s logistics industry.”
Dedeaux Properties has grown exponentially since its conception, both in deal volume and team size, and continues to be one of the most active players in logistics-oriented facilities in Southern California. The 10-year-old company manages an 11 million-square-foot portfolio of high velocity distribution, cold storage facilities, and truck terminals throughout California, of which over 4 million square feet are actively under various stages of development. The mission of the company remains consistent; create property value for the aligned benefit of the community, investors, partners, shareholders, tenants, and team members.
‘The Southern California Industrial market remains strong. There are very few logistics sites of this size for lease, and Dedeaux Properties remains focused on attracting the best-in-class tenants to occupy our facilities.’ BRETT DEDEAUX PRESIDENT AND MANAGING DIRECTOR