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News release

​RIALTO, CA

Guitar Center Signs 220,000-Square-Foot Industrial Lease in Rialto, California

JLL Negotiates West Coast Distribution Center for the World’s Largest Retailer of Musical Equipment


RIALTO, CA, April 28, 2016 – On behalf of Guitar Center, the world’s largest retailer of guitars, amplifiers, drums, keyboards, recording, live sound, DJ, and lighting equipment, JLL today announced the firm has completed a 220,000-square-foot industrial lease at Rialto I-210 Distribution Center, located at 1508 Casmalia Street in Rialto, California. The new location will operate as Guitar Center's West Coast Distribution Center. 

JLL's team of Gary Horwitz, Mike Fowler and Kamil Agha represented Guitar Center.  Lee & Associates represented the landlord, Prologis.

“As we optimize our network, Guitar Center has identified Southern California as the ideal location to establish a modern Distribution Center operation near transportation corridors and ports.  This facility will enhance control of our supply chain while providing for future growth,” said Kevin Roundtree Senior Vice President of Global Supply Chain for Guitar Center.  “We’re excited about the opportunity to secure a long-term lease in Rialto which provides capacity for future expansion in a highly competitive market.”

According to JLL research, close to 10.5 million square feet of spec space are slated to complete in second quarter, temporarily driving vacancies up, but should stabilize in the second half of the year.

"As speculative development continues in the Inland Empire, tenants will benefit from a greater selection of modern distribution facilities, allowing for more efficient operations,” said Mike Fowler Executive Vice President at JLL. 

About Guitar Center
Guitar Center is the world’s largest retailer of guitars, amplifiers, drums, keyboards, recording, live sound, DJ, and lighting equipment. With more than 270 stores across the U.S. and one of the top direct sales websites in the industry, Guitar Center has helped people make music for more than 50 years. In addition, Guitar Center’s sister brands includes Music & Arts, which operates more than 140 stores specializing in band & orchestral instruments for sale and rental, serving teachers, band directors, college professors and students, and Musician’s Friend, a leading direct marketer of musical instruments in the United States. With an unrivalled in-store experience, an industry-leading online presence and passionate commitment to making gear easy-to-buy, Guitar Center is all about enabling musicians and non-musicians alike to experience the almost indescribable joy that comes from playing an instrument. For more information about Guitar Center, please visit www.guitarcenter.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 $5.2 billion and gross revenue of $6.0 billion, JLL has more than 280 corporate offices, operates in more than 80 countries and has a global workforce of more than 60,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 4.0 billion square feet, or 372 million square meters, and completed $138 billion in sales, acquisitions and finance transactions in 2015. Its investment management business, LaSalle Investment Management, has $58.3 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.