VICTORVILLE, CALIF. — Stirling Capital Investments has disposed of a 53-acre land parcel located within Southern California Logistics Airport in Victorville. The site was acquired by Dr Pepper Snapple Group Inc., which plans to develop its 850,000-square-foot western hub at the site. The facility will be able to produce up to 40 million cases of beverages per year for distribution throughout California and part of the Southwest. Construction is expected to begin this month, with completion slated for second quarter 2010. Southern California Logistics Airport is a redevelopment of the former George Air Force Base into a multimodal freight transportation hub. It is being master developed by Stirling Capital Investments, a joint venture between Denver-based DCT Industrial Trust and Foothill Ranch, Calif.-based Stirling.
DR PEPPER SNAPPLE GROUP BUYS 53 ACRES FOR WESTERN HUB