Oakley, Inc. has pre-leased approximately 290,000 square feet of distribution space in southern California from ProLogis. Oakley's new distribution facility will be located at Crossroads Business Park, a master-planned park ProLogis is developing in the city of Ontario in the heart of the Inland Empire. The facility is targeted for completion in the first half of 2007.
“We're pleased to be working with ProLogis to expand our worldwide distribution network,” said Chris Veit, director of operations, Oakley, Inc. “Given our current strategic initiatives and anticipated growth, we expect that this expansion, which is a combination of new space and a reconfiguration of existing space, will help us maximize our distribution operations.”
“The Inland Empire continues to serve as a primary logistics hub for leading companies with regional and national distribution requirements,” said Pat Cavanagh, ProLogis senior vice president and regional director of capital deployment. “ProLogis is fortunate to have established a market-leading portfolio of land and industrial buildings throughout the area, as well as strong customer relationships with occupiers from a wide array of industries. We look forward to completing our new facility for Oakley in Ontario.”
