ASPEN DISTRIBUTION LEASES 102,878-SQUARE-FOOT INDUSTRIAL BUILDING

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ONTARIO, CALIF. — Aspen Distribution has leased a 102,878-square-foot industrial building, which is located at 5505 Concours within Crossroads Business Park in Ontario, for $3.5 million. The facility features 65,572 square feet of 45-degree refrigerated space and 34,204 square feet of dry storage space. Aspen Distribution is a third-party logistics company that does contract warehousing for the medical, grocery, industrial, retail and paper industries. Don Kazanjian of Lee & Associates represented the tenant; Clyde Stauff and Michael McCrary of Colliers International’s Ontario office represented the landlord, The Caldwell Company, in the transaction.

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