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News release

RANCHO CUCAMONGA, CA

Custom Goods Signs 441,970 SF Industrial Lease, Doubles Footprint in Rancho Cucamonga, California

JLL represents 3PL in a lease for a new Inland Empire warehouse, providing more support for JLL's record setting year-end predictions for the U.S. industrial market


RANCHO CUCAMONGA, CALIF., Nov. 11, 2015 – JLL represented Custom Goods, one of the region's premier third party logistics firms, in a new lease for 441,970 square feet of industrial space at Prologis Rancho Cucamonga Distribution Center located at 8369 Milliken Avenue in Rancho Cucamonga, California. Custom Goods is doubling its warehouse and distribution capacity for its clients in the region.  It also operates eight other distribution facilities in Southern California.

JLL's Louis Tomaselli and Jordan Quinn represented Custom Goods. The landlord, Prologis, was represented internally by Travis Durfee and Tyson Chave.

“The Prologis building in Rancho Cucamonga provided Custom Goods an opportunity to double their warehouse and distribution capabilities and remain within the Prologis portfolio, providing the maximum flexibility available from a global landlord for the ever changing 3PL sector,” said Tomaselli. "The building also provides over 100 trailer parking spaces, a key competitive advantage in the Southern California market where the Ports of Los Angeles and Long Beach charge heavy fees for containers parked at the docks 24 hours after unloading."

Tomaselli continued by saying, "this lease and the millions of square feet pending in the traditionally record setting Q4 time period, lends support to JLL's First Look at U.S. Industrial where in it predicts that tenant requirements will exceed new construction by a factor of 2.3x.”  JLLs First Look at industrial United States Q3 2015 is available by clicking here.

For more news, videos and research resources on JLL, please visit the firm’s U.S. media center Web page: http://bit.ly/18P2tkv

About Custom Goods
When it comes to providing third party logistics, finding a company that thinks outside the box and provides “custom” solutions is always a “good” place to start. Our thinking has evolved the standard everyday functions of warehousing, distribution and transportation into a hybrid, value-added process that meets our customers specific requirements. We self-examine our methods and establish benchmarks that assure competitive logistic solutions. Amoung its many accomplishments since its start in the 1970s, is its awards for understanding its customer’s culture winning Six Toyota Kaizen Awards and 2014 Toyota Logistics Partner of the Year. For further information visit  www.custom-goods.com

About Prologis
Prologis, Inc. (NYSE: PLD) is the global leader in industrial real estate. As of September 30, 2015, Prologis owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 671 million square feet (62 million square meters) in 21 countries. The company leases modern distribution facilities to more than 5,200 customers, including third-party logistics providers, transportation companies, retailers and manufacturers.  For further information visit www.prologis.com

About JLL
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. A Fortune 500 company with annual fee revenue of $4.7 billion and gross revenue of $5.4 billion, JLL has more than 230 corporate offices, operates in 80 countries and has a global workforce of approximately 58,000.  On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3.4 billion square feet, or 316 million square meters, and completed $118 billion in sales, acquisitions and finance transactions in 2014. Its investment management business, LaSalle Investment Management, has $57.2 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.