Leggett & Platt Lease 334,000 Sq. Feet at Northgate Building 11
San Bernardino, CA — Hillwood Investment Properties (Hillwood) announced today that it has leased 334,646 square feet of the 609,499-square-foot building at AllianceCalifornia Northgate Building 11 to Leggett & Platt (NYSE: LEG), a diversified manufacturer that conceives, designs and produces a broad variety of engineered components and products that can be found in most homes, offices, and automobiles.
“We are proud to welcome Leggett & Platt to AllianceCalifornia, further identifying the redevelopment of the Norton Air Base as the premier industrial park in Southern California,” said John Magness, Senior Vice President for Hillwood. “Leggett & Platt’s operations will be critical to bringing jobs and increased tax base to the AllianceCalifornia property and San Bernardino County.”
The company will be hosting a grand opening at the facility today at 3:00 p.m.
AllianceCalifornia Northgate Building 11 was constructed in June 2009 and was purchased by Hillwood in December 2009. It is located at 7776 Tippecanoe Ave., San Bernardino, CA.
“We are excited about our company’s expansion into the San Bernardino market,” said Bill Hardy, Director of Distribution and Transportation Services, for Leggett & Platt. “This is an excellent property and we welcome the opportunity for growth in the area as we reach our West Coast customers and secure our inbound supply chain.”
About Leggett & Platt
Leggett & Platt (NYSE: LEG) is a diversified manufacturer (and member of the S&P 500) that conceives, designs and produces a broad variety of engineered components and products that can be found in most homes, offices, and automobiles. The company serves a broad suite of customers that comprise a “Who’s Who” of U.S. manufacturers and retailers. The 127-year-old firm is comprised of 19 business units, 20,000 employee-partners, and more than 140 manufacturing facilities located in 18 countries. Leggett & Platt is the leading U.S. manufacturer of: a) components for residential furniture and bedding; b) components for office furniture; c) drawn steel wire; d) automotive seat support and lumbar systems; e) carpet underlay; f) power foundations; and g) bedding industry machinery.
About Hillwood
Hillwood, a Perot company, is ranked as one of the top commercial real estate investors and developers in the country and the top residential developer in Dallas-Fort Worth. The company’s developments currently house facilities for 65 companies listed on the Fortune 500, Global 500 or Forbes List of Top Private firms. Hillwood is best known for its Alliance brand that includes the 17,000-acre AllianceTexas, 4,474-acre AllianceFlorida at Cecil Commerce Center and 2,000-acre AllianceCalifornia. For additional information about the company, please visit www.hillwood.com.
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