Stirling Capital Investments Announces 233,770 SF Lease for Plastipak Packaging at Southern California Logistic Airport

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

VICTORVILLE, CALIF. – (June 2019) – Stirling Development today announces the execution of a long term lease with Plastipak Packaging, Inc. for an additional 233,770 square feet at Southern California Logistics Airport (SCLA). Plastipak’s 96 month lease is at an existing building 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.”

This is Plastipak’s second significant 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 Capital Investment’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.