20,548-SQUARE-FOOT LEASE CLOSED

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UPLAND, CALIF. — Newport Beach, Calif.-based Master Development Corp. has leased a 20,548-square-foot industrial building to University Consortium of Claremont, Calif. The property is located at 2038 W. Eleventh St. in the Upland Technology Center in Upland. Nicholas Chang and Richard Lee of NAI Capital’s Ontario, Calif., office represented the landlord in the transaction; Nick Quackenbos of Quackenbos-Bell Commercial Real Estate represented the tenant. Further details of the lease were not disclosed.

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