Stirling Development Announces 233,770sf Lease for Plastipak

07/15/19

Author: Nicole Inal

Plastipak Moves into Second Facility, Adding to its Southern California Manufacturing Operations

VICTORVILLE, CALIF. – (July 15, 2019)Stirling Development, today announces the execution of a new lease with Plastipak Packaging, Inc. for an additional 233,770 square feet at Southern California Logistics Airport (SCLA). Plastipak’s new lease term is 96 months and is at an existing building that is adjacent to the 296,203-square-foot building where Plastipak houses its current manufacturing operations, bringing Plastipak’s total space occupied at SCLA to 530,230 square feet.

“Like many of our tenants, Plastipak is taking advantage of the ability to expand in place at SCLA,” said Brian Parno, Chief Operating Officer of Stirling Development. “The growth trend in the Inland Empire’s High Desert region is a testament to both the logistical advantages and affordability of the area.”

Plastipak’s need for expansion is due to the company’s new venture of manufacturing water in conjunction with their existing manufacturing operations of producing plastic bottles and containers. This is Plastipak’s second investment in its North American operations in the last 12 months. Last year, the company invested $10 million into state-of-the-art machinery and equipment for one of its manufacturing facilities in Texas.

Plastipak’s expansion comes on the heels of Stirling Development’s completion of an expansion for Newell Brands via the construction of 466,255 additional square feet to supplement its existing space. Newell now solely occupies two buildings at SCLA, Distribution Centre 3 and Distribution Centre 18. Since Newell first leased space at SCLA in 2006, it has grown its footprint more than 155 percent to over 1.4 million square feet total.

“We have experienced ongoing demand for space at SCLA for the last 10 years,” said Dougall Agan, President and CEO of Stirling Development. “The region is in growth mode, and we’re excited about the development opportunities on the horizon.”

In addition to Plastipak Packaging and Newell Brands, corporate tenants at SCLA include Dr. Pepper / Snapple, United Furniture, Red Bull, Mission Foods, Sparkletts, General Electric, FedEx and more.

Southern California Logistics Airport

Southern California Logistics Airport (SCLA) is home to Arden ™ Companies, Boeing, Dr. Pepper / Snapple, Exel Logistics, Fastenal, FedEx, General Electric, Leading Edge, Newell Brands, ComAv, Plastipak Packaging, Pratt & Whitney, Red Bull, Sparkletts, Solar City Corporation and United Furniture Industries. SCLA, the former George Air Force Base in Victorville, Calif., is an 8,500-acre multimodal freight transportation hub supported by air, ground and rail connections which includes a 2,500-acre commercial and industrial complex entitled for 60 million square feet of development. Stirling Development and the City of Victorville have teamed up to redevelop SCLA, the largest fully-integrated commercial development in the region, which is anticipated to create more than 24,000 jobs and support another 18,500 jobs in the surrounding area.

About Stirling Development

Stirling Development is a Foothill Ranch, Calif.-based strategic, full-service, value-added development company specializing in master-planned communities and major land renovations. Stirling is led by partners Dougall Agan and Chris Downey, who have been responsible for more than $3 billion in development activity on large-scale land development projects in Los Angeles, Orange, San Bernardino and San Diego counties. As of August 2018, Stirling’s joint venture partner for SCLA is Prologis, Inc., the global leader in logistics real estate. For more information, visit www.stirlingdev.com.