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HomeMarketsWestLovett Industrial Announces the Acquisition of 13 Acres in the Inland Empire

Lovett Industrial Announces the Acquisition of 13 Acres in the Inland Empire

HIGHLAND, Calif.–(BUSINESS WIRE)–Lovett Industrial, the Houston-based real estate investment firm, announces the acquisition of 13 acres within the Highland submarket of the Inland Empire East. Lovett Industrial will develop a single 285,000-square-foot rear-load class A industrial building, which will be Lovett Industrial’s first project in Southern California.

Ted Hart, Senior Managing Director of Lovett Industrial, commented, “The Inland Empire is the most sought-after, highest barrier to entry industrial market in the country, and we are thrilled to announce our first of many projects here. Tenant demand shows no sign of relenting, and we are actively targeting more opportunities across Southern California due to record low vacancy rates and supply–demand dynamics that have led to the highest rent growth in the nation. We are grateful to our…

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