Birtcher Development, an industrial real estate developer with five generations of family ownership, has acquired a 20-acre land parcel fully entitled for the development of a spec 406,710-square-foot regional fulfillment and distribution center in Southern California’s Inland Empire.
Birtcher Development purchased the asset from 6th Street for $17.6 million. It anticipates breaking ground on the project in spring 2020, and construction is slated for completion in fourth quarter 2020.
The industrial project — located in one of the nation’s premier logistics hubs — is three blocks away from the San Bernardino Airport and is accessible to Interstates 10 and 215, key transportation routes throughout the Inland Empire and across the country. With record-low vacancy rates — 3 percent in the Inland Empire as of the third quarter 2019 — this project is designed to satisfy the high demand for new and advanced high-cube industrial warehouse space in the subma
