Smuckers Sales and Distribution Leases 598,741 SF in San Bernardino (October 2008) Alere Property Group is pleased to announce that it has signed a 5 year lease with Smucker’s Sales and Distribution at 5690 Industrial Parkway in San Bernardino. Smucker’s will utilize the building as a regional distribution for their jam and jelly products as well as their other food products. The Industrial Parkway building is a state-of-the-art distribution facility with a large truck court, 30’ clear height and ESFR sprinkler system. The total consideration of the lease is $10.5 million.

New Classic Home Furnishings Leases 215,974 SF in Fontana (June 2008)  Alere Property Group is pleased to announce that it has signed a 4 year lease with New Classic Home Furnishings at 7875 Hemlock in Fontana.   The company is an importer and direct seller of moderately priced furniture.  Alere completed the Hemlock building in April of 2008.  The building is a state-of-the-art distribution facility with a large truck court, 32’ clear height and ESFR sprinler system.  The total consideration of the lease is $3.6 million.

Dynamex Leases 58,201 SF in Fullerton (June 2008)  Dynamex, a leading provider of same-day delivery and logistics services, leased 58, 201 SF for seven years at 2051 Raymer in Fullerton.  The Raymer buildings are high quality, 30’ clear warehouse buildings near the 5 Freeway and 91 Freeway interchange. The total consideration of the lease is $3.4 million.

Kraft Renews at 102 Wanamaker in Ontario, California (April 2008)   Alere Property Group is pleased to announce that Kraft Foods has renewed their lease at 102 Wanamaker in Ontario.  Kraft has committed for an additional three years and plans to upgrade the facility to meet their growing refrigeration needs. The building is 195,093 SF with approximately 10,000 SF of office space, 125,000 SF of cooler space and 10,000 SF of freezer space.  Kraft plans on converting the remaining 45,000 SF of dry warehouse into state-of-the-art cooler space.   The total consideration of the lease is $5 million. 

Carrier Leases 220,232 SF in North Orange County (November 2007) Alere Property Group is pleased to announce that it has signed a 10 year lease with Carrier Corporation at 205 S. Puente in Brea.  Carrier is a leader in providing heating, ventilation, air conditioning and refrigeration systems.  The building is 220,232 SF with approximately 30,000 SF of office space.  The total consideration of the lease is $15 million. 

Genica Expands at Prescott Business Center in Oceanside (October 2007) Alere Property Group is pleased to announce that Genica has leased an additional 56,969 SF at 1865 Ord Way in Oceanside.  Genica Corporation operates Geeks.com which is a leading direct-to-consumer eCommerce site specializing computer-related components and peripherals.  Genica signed a 5 year lease for the expansion space and extended their existing 89,686 SF lease.  The total consideration of the new lease is $1.7 million.  

Alere Acquires Industrial Building in Ontario, California (October 2007) Alere Property Group is pleased to announce the acquisition of 1391 Vintage Avenue in Ontario for $18.1 million ($72.97 PSF). The 248,064 SF building was purchased through a sale/leaseback with Service Connection who will occupy the building for 3 years.  Jeff Huberman from Lee & Associates represented Service Connection and Alere in this transaction.  

Pacific 9 Leases Container Storage Yard Near Ports (September 2007) Alere Property Group is pleased to announce that it has signed a 5 year lease agreement with Pacific 9 Transportation for the entire 4.17 acres of land at 21900 Alameda Street in Long Beach, CA.  Pacific 9 will store and service shipping containers on the site.  The total consideration of the lease is $2.5 million. 

Speculative Construction Started on 396,600 SF Building in Agua Mansa (August 2007)  Alere Property Group announced ground breaking on a 396,600 SF development in the Agua Mansa Enterprise Zone.  Agua Mansa is an industrial zone located in unincorporated San Bernardino County near Colton and Rialto. The project is a state-of-the-art warehouse distribution facility with 32’ clear height, ESFR sprinkler system and a large truck court offering ample room for excess trailer storage.  The property is located on Holly Street off Riverside Avenue and has good access from both the 60 and 10 Freeways.  The total value of the Holly Street development is $31.8 million. 

Speculative Construction is Started on 311,658 SF Fontana Building (May 2007) Alere Property Group announced ground breaking on a 311,658 square foot building on Hemlock Avenue in Fontana, California. The project is a state-of-the-art warehouse distribution facility with 32’ clear height, ESFR sprinkler system and a 194’ truck court allowing for ample trailer storage.  The property is located near the intersection of Foothill Boulevard and Cherry Avenue approximately 2 miles from the 15 Freeway.
 
Container Storage Facility Planned Near Ports (April 2007) Alere Property Group is pleased to announce the acquisition of 4.17 acres of vacant land located on Alameda Street adjacent to the San Diego (405) Freeway.  Improvements to the site include a 10 foot block wall, lighting and an office.  The site offers convenient access to Ports of Long Beach and Los Angeles and will be offered for lease for container storage and other port related activities.

Dayton Superior Leases 191,809 SF at New Development in Rialto (March 2007) Alere Property Group is pleased to announce that it has signed a 10 year lease agreement with Dayton Superior for 191,809 square feet at 568 W. Santa Ana Avenue in Rialto.  Alere completed the 402,924 square foot development in October of 2006.  The building features a 225’ truck court, ESFR sprinkler systems and 32’ clear height. 

PODS Leases 37,393 SF at 7501 Las Positas in Livermore (February 2007) Alere Property Group is pleased to announce that it has signed a lease agreement with PODS (Portable On Demand Storage) for approximately 37,393 square feet.  The space will service PODS growing self storage business in the East Bay.  The lease brings the Las Positas building to 100% leased.

Speculative Construction is Started on 407,948 SF Moreno Valley Building (February 2007) Alere Property Group announced ground breaking on a 407,948 square foot development in Moreno Valley, California. The project is a state-of-the-art warehouse distribution facility with 32’ clear height, ESFR sprinkler system and a 188’ truck court allowing for ample trailer storage.  The property is located near the intersection of Indian Avenue and San Michelle Avenue near the March Air Force Base.

EMG Leases 211,115 SF at New Development in Rialto (February 2007) Alere Property Group is pleased to announce that it has signed a 26 month lease agreement with EMG West, Inc. for 211,115 square feet at 568 W. Santa Ana Avenue in Rialto.  Alere completed the 402,924 square foot development in October of 2006.  The building features a 225’ truck court, ESFR sprinkler systems and 32’ clear height. 

Speculative Construction is Started on 844,150 SF San Bernardino Building (February 2007) Alere Property Group announced ground breaking on an 844,150 square foot development in San Bernardino, California. The project is a state-of-the-art warehouse distribution facility with 30’ clear height, ESFR sprinkler system and 185’ truck courts on both side of the building. The property is located on Industrial Parkway just off the 215 Freeway

Alere Acquires Development Site in San Bernardino (October 2006)   Alere Property Group is pleased to announce the acquisition of 5.3 acres located on Central Avenue in San Bernardino, California for $1.7 million ($7.50 PSF).  Alere plans to develop one building totaling 106,714 square feet on the site.  The site is well located near the intersection of the 10 Freeway and the 215 Freeway and offers good access to amenities located on Waterman Avenue.

Perris Development Site Acquired by Alere Property Group (September 2006)   Alere Property Group is pleased to announce the acquisition of 29.2 acres located on Rider Street in Perris, California for $4.7 million ($3.70 PSF).  Alere plans to develop a 648,440 square foot cross-docked warehouse/distribution center on the site.  The building will feature large truck courts (185’ on both sides), an ESFR sprinkler system and a 32’ clear height. 

Alere Enters the Salt Lake City Industrial Market by acquiring a High Quality Building South of the Airport (September 2006) Alere Property Group is pleased to announce the acquisition of 2037 South 5070 West in Salt Lake City, Utah for $7.2 million. ($45.02 PSF).   This marks the first acquisition in Utah where Alere is actively looking to expand its presence.  The building was built in 1996 and totals 159,924 square feet.  2037 South 5070 West is a state-of-the-art building with a 28’ clear height, ample dock high loading and an ESFR sprinkler system.  The four tenants at the project are Alpha Packaging, Tri-West, Maly’s and Power Blankets. 

Alere Acquires Two Class A Industrial Buildings in Fullerton (July 2006) Alere Property Group is pleased to announce the acquisition of 2051 and 2091 Raymer Avenue in Fullerton, California for $16.95 million ($100.90 PSF). The buildings were built in 1999 and have 97,340 SF and 70,655 SF and 30’ clear heights. There are four tenants at the project ranging from 16,971 SF to 97,340 SF.

BMI Trading / Grenhill Investment Corporation Leases 41,905 SF at Chino Building (April 2006) Alere Property Group is pleased to announce that it has signed a five-year lease agreement with BMI Trading which is a division of Grenhill Investment Corporation for 41,905 square feet at 13875 Ramona Avenue in Chino, California.

Alere Acquires Development Site in Rialto, California (April 2006)   Alere Property Group is pleased to announce the acquisition of 18.42 acres located on Jurupa Avenue and Riverside Avenue in Rialto for $4.7 million ($5.85 PSF).  Alere plans to develop a 285,000 square foot state-of-the-art warehouse/distribution center on the site.  The site offers excellent access to the 10 and 60 Freeways and has excellent street frontage visibility on Riverside Avenue.

Alere Acquires High Quality Corporate Headquarters in Riverside (April 2006) Alere Property Group is pleased to announce the acquisition of 1455 Citrus Avenue in the City of Riverside for $15.3 million ($56.41 PSF) . The building is a 271,250 square foot, freestanding industrial facility in the Hunter Park area of Riverside. The building serves as the corporate headquarters, manufacturing and distribution facility for K&N Engineering, a leader in high performance auto filters.

Alere Acquires 15 Acres in Fontana, California (March 2006)   Alere Property Group is pleased to announce the acquisition of 15 acres located on Hemlock Street in Fontana for $5.9 million ($9.00 PSF). The site is located near the intersection of Cherry Street and Foothill Boulevard.  Alere plans to develop a 307,765 square foot state-of-the-art warehouse/distribution center on the site with construction starting in the 1st quarter of 2007.

Alere Sells Moreno Valley Building to CBRE Investors (March 2006) Alere Property Group is pleased to announce the sale of the Heacock Distribution building in Moreno Valley. The building is 756,340 square feet and is Alere’s first completed development in the Inland Empire. Lowe’s Home Improvement Warehouse occupies 508,000 square feet at the building. CBRE Investors purchased the property for $44.4 million ($58.75 PSF).

Lowe’s Home Improvement Warehouse Signs Lease in Moreno Valley (January 2006) Alere Property Group is pleased to announce that it has signed a three-year lease agreement with Lowe’s Home Improvement Warehouse in Moreno Valley. Lowe’s will occupy 508,000 square feet in Alere’s newly constructed warehouse development.

Alere Sells Deer Valley Project in Arizona (January 2006) Alere Property Group is pleased to announce the sale of 78 acres in Deer Valley, Arizona to NamWest. John Werstler of CBRE represented Alere on this transaction.

OneSource Leases 35,452 SF at Prescott Business Center in Oceanside (January 2006) Alere Property Group is pleased to announce that it has signed a five-year lease agreement with OneSource Distributors, Inc. for 35,452 square feet at 1865 Ord Way in Oceanside, CA.

Service Connection Leases 185,000 SF at 12450 Philadelphia in Mira Loma (January 2006) Alere Property Group is pleased to announce that it has signed a five-year lease agreement with Service Connection for the entire 185,529 square feet at 12450 Philadelphia in Mira Loma, CA.

Speculative Construction is Started on 402,940 SF Rialto Building (December 2005) Alere Property Group announced ground breaking on a 402,940 square foot development in Rialto, California. The project is a state-of-the-art warehouse distribution facility with 32’ clear height, ESFR sprinkler system and a 226’ truck court allowing for ample trailer storage.

Alere Acquires 18.58 Acres in Agua Mansa area of San Bernardino County (November 2005) Alere Property Group is pleased to announce the acquisition of 18.58 acres located on Holly Street in Agua Mansa (Unincorporated San Bernardino County). Alere plans to develop a 396,600 square foot state-of-the-art warehouse/distribution center on the site with construction starting in the 3rd quarter of 2007.

Heating and Cooling Supply Leases 25,162 SF at Lakewood Building (November 2005) Alere Property Group is pleased to announce that it has signed a five-year lease agreement with Heating & Cooling Supply LLC for the 25,162 square feet at 3650 N. Industry Avenue in Lakewood, CA. Heating and Cooling Supply is one of the larger distributors of heating and air conditioning products to contractors in the United States.

Alere Acquires Two Class A Industrial Buildings in Brea (September 2005) Alere Property Group is pleased to announce the acquisition of 105 and 125 Puente Street in Brea for $21.4 million ($90.39 PSF). The property consists of two buildings totaling 236,750 square feet and are both leased to Nature's Best. The 184,000 SF building is a dry warehouse and the 52,000 SF building has approximately 12,000 SF of freezer and 18,000 SF of cooler space. Nature’s Best is headquartered in the Puente buildings with the bulk of their distribution taking place from this location. Nature’s Best also leases an additional 109,000 square feet in the building next door, which is also owned by Alere. Alere purchased the buildings directly from the Brookhollow Group.

TelcoBuy Expands at Livermore Facility, Livermore Building is 100% Leased (August 2005) Alere Property Group is pleased to announce that it has signed a lease expansion agreement with TelcoBuy for approximately 44,658 square feet, increasing their space to 132,221 square feet, at 7501 Las Positas Road in Livermore, CA.

Wal*Mart Renews 656,661 SF Lease in Mira Loma (February 2006) Alere Property Group is pleased to announce that it has signed a five-year lease renewal agreement with Wal-Mart for approximately 656,661 square feet at 11850 Riverside in Mira Loma, CA.

Northgate Markets Signs 5-Year Lease at Anaheim Freezer/Cooler Building (August 2005) Alere Property Group is pleased to announce that it has signed a five-year lease agreement with Northgate Markets for the entire 121,225 square feet at 1400 South Allec Street in Anaheim, CA. Northgate is a grocery retailer specializing in serving the large Hispanic American population.

Ground is Broken on 756,000 SF Speculative Warehouse Building (July 2005) Alere Property Group is pleased to announce the ground breaking of their 756,000 square foot speculative warehouse building in Moreno Valley. The state-of-the-art building will offer large truck courts, 32’ clear heights and an ESFR sprinkler system. The building is expected to be completed in February of 2006.

Freezer / Cooler Building Purchased by Alere in Anaheim (June 2005) Alere Property Group is pleased to announce the acquisition of 1400 Allec Street in Anaheim for $9.25 million ($76.30 PSF). The building is 121,000 square feet with 25,000 square feet of freezer space and 15,000 square feet of cooler space. The building was sold by Vistar Corporation, who will be vacating the building in August of 2005.

Prime Ontario Warehouse Building Purchased by Alere (March 2005) Alere Property Group is pleased to announce the acquisition of 5700 Airport Avenue in Ontario for $12 million. The property is a 250,000 square foot warehouse / distribution building leased to Radius Transportation.

10 Year Lease with Vistar Signed in Livermore, California (March 2005) Alere Property Group is pleased to announce that it has signed a ten-year lease agreement with Vistar Corporation for approximately 95,523 square feet at 7501 Las Positas Road in Livermore, CA. Vistar is a food distribution company and plans to add freezer and cooler space to the building.

Alere Acquires Property in Lakewood, California (February 2005) Alere Property Group is pleased to announce the acquisition of 3650 Industry Avenue in Lakewood for $4.5 million ($94.56 PSF). The property is a 48,000 square foot industrial building with Goodman Manufacturing and Columbia Cartage as tenants.

ACT Leases Remaining Space at 1151 Mildred in Ontario (January 2005) Alere Property Group is pleased to announce that it has signed a five-year lease agreement with ACT Fulfillment LLC for the remaining 289,000 square feet at 1151 Mildred in Ontario, CA.

Alere Acquires Land in Deer Valley – First Acquisition for Alere in Arizona (January 2005) Alere Property Group LLC is pleased to announce the acquisition of 78 acres in Deer Valley Arizona for $11.25 million. Alere plans on developing the infrastructure and is offering lots for sale.

Alere Acquires Distribution Building in Carson (December 2004) Alere Property Group is pleased to announce the acquisition of 16905 Keegan Avenue in Carson for 6.95 million ($76.67 PSF). The property is a 90,650 square foot warehouse / distribution facility leased to Glare Logistics and YHK.

Fender Musical Instruments Leases 568,000 SF from Alere (December 2004) Alere Property Group is pleased to announce that it has signed a five-year lease agreement with Fender Musical Instruments Corporation (FMIC) for approximately 568,000 square feet at 1151 Mildred in Ontario, CA.

Alere Acquires Prime Multi-Tenant Building In Chino (December 2004) Alere Property Group is pleased to announce the acquisition of 13875 Ramona Street in Chino for $5.2 million ($51.68 PSF). The property is a 100,000 square foot industrial facility and is 58% leased to Boyd Corporation.

Container Storage Site is Leased Near Ports (December 2004) Alere Property Group is pleased to announce that it has signed a five-year lease agreement with Gold Point Transportation for the entire 5.88 acres of land at 1621 Opp Street in Wilmington, CA. Gold Point will store and service shipping containers on the site.

Alere Leases 239,872 Building in Santa Fe Springs (November 2004) Alere Property Group is pleased to announce that it has signed a seven-year lease agreement with California Distribution for the entire 239,872 square feet at 11130 Bloomfield in Santa Fe Springs, CA.

Container Storage Facility Planned Near Ports (October 2004) Alere Property Group is pleased to announce the acquisition of 5.88 acres of vacant land located on Opp Street and Henry Ford Avenue near the Ports of Long Beach and Los Angeles, Alere purchased the land site for $6.1 million. The property will be offered for lease for container storage and other port related activities.

High Quality Industrial Buildings in San Fernando Valley Market Acquired by Alere (August 2004) Alere Property Group is pleased to announce the acquisition of two warehouse/distribution buildings, totaling 260,728 square feet, in Sylmar, California for $19.95 million ($76.52 PSF). While in escrow, Alere also executed a 10 year, 105,000 square foot lease at the property with Zodax. Barbara Emmons, Greg Geraci, Greg Barsamian and Scott Wilcott of CB Richard Ellis represented Alere and the seller in these transactions and David Hoffberg of Delphi Business Properties represented the tenant in the lease.

Alere Sells 131,000 SF Industrial Building in Santa Fe Springs (August 2004) Alere Property Group is pleased to announce the sale of Bloomfield Business Center, Building 3 in Santa Fe Springs, Alere sold the building for $10.5 million (80.00 PSF). The property is a 131,000 square foot warehouse/distribution facility and is being purchased by ACI International, who intends to occupy the building. Laird Perkins of CB Richard Ellis represented Alere in this transaction.

Alere Acquires First Northern California Property (August 2004) Alere Property Group is pleased to announce the acquisition of 7501 Las Positas Avenue in Livermore, California for $13.8 million. ($51.69 PSF). The property is a 267,000 square foot warehouse distribution facility lease and is 67% leased to TelcoBuy and Kaye Smith.

Kraft Freezer / Cooler Building is Acquired by Alere (June 2004) Alere Property Group is pleased to announce the acquisition of 102 Wanamaker in Ontario for $10.9 million ($55.90 PSF). The property is a 195,000 square foot warehouse / distribution building with 10,000 square feet of freezer and 125,000 square feet of cooler and is 100% leased to Kraft Foods.

Alere Purchases 857,000 SF State-of-the-Art Building in Ontario (June 2004) Alere Property Group is please to announce the acquisition of 1151 S. Mildred Street in Ontario for $39.8 million ($46.50 PSF). The property is a 857,000 square foot warehouse / distribution building and was vacant at the time of purchase. 1151 Mildred has 30’ clear heights, an ESFR sprinkler system and large concrete truck courts. The building can be divided to accommodate tenants of varying sizes.

Alere Acquires 185,000 Square Foot Building in Mira Loma (May 2004) Alere Property Group is pleased to announce the acquisition of 12450 Philadelphia Street in Mira Loma for $8.8 million ($47.57 PSF). The property is a 185,000 square foot warehouse / distribution building leased to ADI Pacific. The property is a state-of-the-art distribution building with a 30’ minimum clear height, ESFR sprinkler system and ample dock high doors.

High Quality Industrial Building Located in Fontana is Acquired by Alere (February 2004) Alere Property Group is pleased to announce the acquisition of 13050 Marlay Avenue in Fontana for $9.9 million ($36.93 PSF). The property is a 268,088 square foot warehouse/distribution building leased to Tab Warehouse and Distribution Co. The property was built in 1987 and serves distribution center for Tab who services candy makers such as Nestle, Ghirardelli and Wrigley.

Alere Purchases 129,000 Square Foot Building in Riverside (January 2004) Alere Property Group LLC is pleased to announce the acquisition of 705 Columbia in Riverside for $7 million ($54.29 PSF). The property is warehouse / distribution building totaling 129,000 square feet and is 100% leased to Fleetwood Homes. 705 Columbia is in the Hunter Park area of Riverside and is a class A warehouse with good clear height and a functional truck yard.

Alere Acquires North Orange County Portfolio (January 2004) Alere Property Group acquired a portfolio of two industrial buildings in North Orange County from PCCP/Brookhollow for $37 million ($57.81 PSF). The 640,000 square foot industrial portfolio includes warehouse buildings located in Brea and Fullerton, California. The buildings are occupied by Nature’s Best, Houdini, Caran and Centis. The portfolio is comprised of two well located buildings with functional clear heights and truck yards.

Class A Santa Fe Springs Buildings Are Acquired by Alere (December 2003) Alere Property Group is pleased to announce the acquisition of the Bloomfield Business Center in Santa Fe Springs for $24 million ($64.86 PSF). Alere purchased the property from RREEF / Sares-Regis. The project consists of two buildings totaling 370,000 square feet and was vacant at the time of purchase. The Bloomfield Business Center features state-of-the-art distribution center attributes such as 30’ clear heights, an ESFR sprinkler system, and a 180’ concrete truck court. The buildings are well located with easy access to the 605 and 5 Freeways and just 12 miles from the Ports of Long Beach and Los Angeles.

Alere Purchases High Quality Industrial Asset in San Diego (December 2003) Alere Property Group has acquired the Prescott Business Center in Oceanside, California from Cruzan Monroe for $18.5 million ($69.55 PSF). The project consists of three industrial buildings totaling 266,000 square feet with Genica and ACI as major tenants. The property is a high quality industrial park featuring 26-32’ clear heights, ample dock-high and ground level doors, and all concrete truck and parking areas. The Prescott Business Center is in a prime North San Diego industrial market with easy access to Interstate 5 and the 78 Freeway.

Alere Acquires First Building in the Inland Empire (August 2003) Alere Property Group acquired 11850 Riverside Avenue in Mira Loma, California from Persis Corporation for $27.6 million ($42.07 PSF). The property was originally developed, leased and sold by IDI. The building is a state-of-the-art 656,000 square foot warehouse facility 100% leased to Wal-Mart. 11850 Riverside is located in a prime area of the Inland Empire near the interchange of the Pomona (60) Freeway and Riverside (15) Freeway and is ideally suited for distribution tenants.