Realterm and LaSalle Investment Management secure a global transportation provider in the Inland Empire

Realterm, an independent global investment manager focused on the transportation industry, announced today that a global transportation provider has signed a 10-year lease at 18298 Slover Avenue, Bloomington, California. The facility is part of a joint venture with LaSalle Investment Management.

Sitting on 51.4-acres, the facility in Southern California’s Inland Empire region includes two cross docks, a maintenance facility, and offices with a total capacity of 199,800 square feet. The site’s 325 dock doors and exceptional location made it a highly sought-after asset.

The new occupier offers one of the most comprehensive networks of nationwide service centers for less-than-truckload, truckload, expedited, and cross-border shipping.

“Our tenant’s commitment underscores the importance of the Inland Empire as a critical freight corridor,” said Patrick Rios, Vice President of Asset Management at Realterm. “We are grateful for their trust in us and look forward to supporting their operations.”

Strategically located less than a mile from Interstate 10, the facility offers unparalleled connectivity to the Inland Empire Intermodal Terminal, which connects Southern California rail routes to Northern California and the Pacific Northwest, as well as connecting California to Arizona, Texas, and the Mississippi River rail gateways. Its 10-mile proximity to Ontario International Airport further enhances the site’s appeal as a pivotal logistics hub.

“We are excited to welcome another valuable customer to this strategic location further solidifying the property’s position as a key logistics hub in the Inland Empire,” said Brett Bowman, Senior Vice President at LaSalle. “This lease reflects the ongoing demand for well-located facilities and our commitment to creating long-term value for our investors.”