3/4/2009Stirling Capital sells 53 acres of Southern Calif. land
by Dr. Pepper Snapple Group, Inc. has purchased 53 acres of land at Southern California Logistics Centre in Victorville, Calif. from Stirling Capital Investments.
The plant will consist of an 850,000 square-foot building on 57 acres, including 550,000 square feet of warehouse space and a 300,000 square foot manufacturing plant with up to six manufacturing lines.
Southern California Logistics Centre is master-planned for 60 million square feet of commercial and industrial development and is in the early stage of delivering the 6.5 million-square-foot first phase, which includes the land sold to DPS.
CB Richard Ellis is responsible for marketing SCLC on behalf of Stirling Capital Investments.
Southern California Logistics plans to to develop a production and distribution center valued at more than $120 million upon completion.
Size: 53 acres
Filed Under: Land | | |
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