E-Commerce Firm Lands at Morgan Stanley Asset in Ontario
Western Post (US), Inc. signed long-term lease with Morgan Stanley Real Estate for 178,523 square feet at Bridge Point Ontario I. The e-commerce company is expanding its operations in Ontario. The firm runs a distribution facility in Rancho Cucamonga and leased a 300,000-square-foot warehouse in New Jersey.
The latest facility at 4600 E. Wall St., is part of the two-building Bridge Point Ontario complex, a state-of-the-art 268,753-square-foot multi-building distribution development situated on 12 acres that delivered in October 2020. Developed by Bridge Development Company, the complex was forwarded to Morgan Stanley while under construction.
DAUM Commercial’s, Wilson Tran represented the tenant. NAI Capital’s Richard Lee, SIOR, Nicholas Chang, CCIM, SIOR, Justin Kuehn and Sione Fua represented the landlord.
Lee says, “The prompt leasing of Bridge Point Ontario underscores the demand for high-quality distribution centers in the Inland Empire’s tightening western submarket where there is a real lack of inventory, especially of brand-new industrial warehouse space offering freeway frontage.”