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Armstrong, Stauber Named As 2020 AHL ALL-STAR Honorary Captains

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Former Los Angeles Kings and AHL All-Stars, Derek Armstrong and Robb Stauber, will serve as honorary captains for the 2020 AHL All-Star Classic presented by Ontario International Airport

NEWS RELEASE — American Hockey League President and Chief Executive Officer David Andrews announced today that Los Angeles Kings alumni and former AHL All-Stars Derek Armstrong and Robb Stauber have been selected to serve as the honorary captains for the 2020 AHL All-Star Classic presented by Ontario International Airport, to be held January 26-27 in Ontario.

Each year, the All-Star Classic honorary captains join the participating teams in the locker room and on the benches during the event, and are recognized for their careers at the annual AHL Hall of Fame Induction and Awards Ceremony.

Derek Armstrong averaged better than a point per game over parts of seven seasons in the AHL, totaling 136 goals and 238 assists in 364 contests with Worcester, Hartford, Manchester and Peoria. Armstrong was a two-time AHL All-Star (1999, 2000), a league scoring champion and regular-season MVP (2000-01), and earned the Jack Butterfield Trophy as the most valuable player of the 2000 Calder Cup Playoffs when he helped Hartford to the championship. Armstrong also collected 221 points in 477 NHL games over a 17-year pro career which included six seasons with the Los Angeles Kings, for whom he currently serves as director of hockey programming and curriculum.

A Hobey Baker Award winner at the University of Minnesota, Robb Stauber was drafted by Los Angeles in 1986 and spent two seasons with the AHL’s New Haven Nighthawks before helping the Kings reach the Stanley Cup Final in 1993. With Rochester in 1995, Stauber became the third goaltender in AHL history to score a goal, and he was later a two-time AHL All-Star with Portland in 1997 and with Hartford in 1998. After retiring, Stauber won NCAA titles as a goaltending coach with the men’s team at Minnesota (2002, 2003) and the women’s team at the U. of Minnesota-Duluth (2008), and has also been involved in various roles with USA Hockey, including winning gold medals as head coach of the U.S. Women’s National Team at the 2017 IIHF Women’s World Championship and the 2018 Olympics in PyeongChang.

Tickets for the 2020 AHL All-Star Classic presented by Ontario International Airport, which include admission to both the AHL All-Star Skills Competition on Sunday, Jan. 26, and the AHL All-Star Challenge on Monday, Jan. 27, are available now by visiting ontarioreign.com/allstar.

The 2020 AHL All-Star Classic presented by Ontario International Airport will feature the top young talent in the American Hockey League: since 1995, more than 95 percent of All-Star Classic participants have gone on to compete in the National Hockey League, including Cam Atkinson, Patrice Bergeron, Jordan Binnington, Ben Bishop, John Carlson, Zdeno Chara, Logan Couture, Connor Hellebuyck, Braden Holtby, Tyler Johnson, Andreas Johnsson, Martin Jones, Jonathan Marchessault, Brandon Montour, William Nylander, Kyle Palmieri, Zach Parise, Mikko Rantanen, Tuukka Rask, Pekka Rinne, Dylan Strome, P.K. Subban and Mats Zuccarello.

In operation since 1936, the American Hockey League serves as the top development league for the players, coaches, managers, executives, broadcasters and staff of all 31 National Hockey League teams. Nearly 90 percent of today’s NHL players are American Hockey League graduates, and more than 100 honored members of the Hockey Hall of Fame spent time in the AHL in their careers. In 2018-19, over 7 million fans attended AHL regular-season and playoff games across North America.

The Ontario Reign are underway in the 2019-20 season, their fifth as members of the American Hockey League. For more information on the upcoming season, as well as the 2020 AHL All-Star Classic, to be held in Ontario, visit ontarioreign.com, and to secure your seats with a Reign ticket plan, call 909.941.7825.

The Inland Empire Business Journal (IEBJ) is the official business news publication of Southern California’s Inland Empire region - covering San Bernardino & Riverside Counties.

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Stockbridge Acquires 540,478 SF Inland Empire Industrial Portfolio for $142MM

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San Francisco based Stockbridge acquires 100% leased assets in premier IE West location

Cushman & Wakefield’s EDSF also sources acquisition financing for transaction

Cushman & Wakefield announced the firm has arranged the sale of a core industrial portfolio totaling 540,478 square feet in Southern California’s premier Inland Empire West (IEW) submarket. The portfolio consists of two freestanding Class A buildings located a few miles apart at 3351 E Philadelphia St and 4450 E Lowell St in the city of Ontario. The buildings are 100% leased to prominent tenants in the distribution and retail industries.

San Francisco based Stockbridge acquired the two-property portfolio from Principal Asset ManagementSM a global financial and investment management firm. The portfolio sold for $142.25 million.

Jeff Chiate, Jeffrey Cole, Rick Ellison, and Matt Leupold of Cushman & Wakefield’s National Industrial Advisory Group—West represented the seller in the transaction. The firm’s Phil Lombardo, Chuck Belden and Andrew Starnes also provided leasing advisory.

Additionally, a Cushman & Wakefield Equity, Debt & Structured Finance (EDSF) team of Rob Rubano, Brian Share, Joseph Lieske, Max Schafer, and Becca Tse collaborated in sourcing acquisition financing for the transaction.

“Stockbridge has acquired an institutional-quality industrial portfolio with a phenomenal infill location combined with strong tenancy and premium distribution features and functionality. Both properties have maintained a historical occupancy of 100% for nearly a decade speaking to the tenant demand for industrial buildings of this quality and location,” said Jeff Chiate, Executive Vice Chair. “Additionally, with current rents below market rate, the buyer has a compelling mark-to market opportunity along with existing durable cash flow, providing a variety of value-add strategies.”

The properties offer convenient access to Southern California’s robust freeway network and other vital nodes of transit such as Ontario International Airport, the Los Angeles & Long Beach Ports, and LAX International Airport (60 miles). Access to a deep labor pool and robust consumer population also makes the region a superior industrial location.

According to Cushman & Wakefield’s latest industrial market report, the Inland Empire West submarket had a vacancy rate of 5.4% in Q1 2024, representing the tightest submarket in the broader Inland Empire market. Additionally, IEW achieved nearly 1 million square feet of positive net absorption (occupancy growth) in the first quarter of 2024.

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Stater Bros. Charities and Reyes Coca-Cola Bottling Give Back to Military Families

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Stater Bros. Charities, the philanthropic arm of Stater Bros. Markets, partnered with Reyes Coca-Cola Bottling again this year for their Give Back program during National Military Appreciation Month. The program ran for the entire month of May, during which Reyes Coca-Cola Bottling committed to donating $0.25 per eligible product purchased to the Bob Hope USO. Reyes Coca-Cola Bottling donated $15,000, and Stater Bros. Charities matched their donation for a total contribution of $30,000.

A check presentation occurred during a K-EARTH 101 radiothon benefiting the Bob Hope USO. The radiothon took place at the Bob Hope USO at LAX (Los Angeles International Airport) on June 29, 2023, where Stater Bros. Charities and Reyes Coca-Cola Bottling presented Bob Hope USO with a $30,000 check.

Bob Hope USO’s mission is to strengthen America’s military service members by keeping them connected to family, home and country, throughout their service to the nation. The Give Back program is a unique opportunity to show gratitude and support to the brave men and women who risk their lives for our freedoms and to care for their families while they are away from home on deployment.

“Stater Bros. Markets has a long history of supporting veterans, service members, and their families,” said Danielle Oehlman, Director, Stater Bros. Charities. “We are so pleased to partner with our friends at Reyes Coca-Cola Bottling and the USO to give back to those who have given so much for us.”

Lorin Stewart, President, USO West Region, said, “We are deeply grateful to Stater Bros. Charities and Reyes Coca-Cola Bottling for being sustaining partners of the USO. The Give Back program embodies the essence of the USO mission by enabling the community at large to come together to support and give thanks to our armed forces and their brave military families in an impactful way.”

Funds will support the Bob Hope USO and USO San Diego Center operations, including programs and services that strengthen the social, mental, physical, and emotional well-being of local military service members, their families, and their communities.

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BDK Logistics Intelligence Fully Leases 114,190 SF Industrial Facility in Corona, CA

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Cushman & Wakefield represents landlord in lease in SoCal’s Inland Empire

Cushman & Wakefield announced that BDK Logistics Intelligence, Inc. has signed a lease for an entire 114,190-square-foot industrial facility at 1161 Olympic Drive in Corona, California. Situated in Southern California’s renowned Inland Empire, the building is owned by Monterey Rancho Mirage, LLC, which was represented by Brett Lockwood and Rick Ellison of Cushman & Wakefield in the transaction.

“We are pleased to welcome BDK to the property as a quality industrial tenant that is expanding its presence in the market, which it also currently occupies multiple warehouse facilities,” said Director Brett Lockwood. “Our client was instrumental in helping this deal transact as there were many variables that needed to be navigated which led to this lease coming together quickly and successfully.”

1161 Olympic Drive is a quality freestanding building situated on ±4.8 acres and features 20 dock high loading doors. The property is conveniently located off Interstate 15 near the confluence of SR 91 and is proximate to the extensive freeway network traversing the entire Greater Los Angeles region and into other major markets in and out of state.

According to Cushman & Wakefield’s latest Q2-2023 quarterly report, the Inland Empire industrial market posted an overall vacancy of 3.4% and has recorded more than 2.7 million square feet of positive net absorption through the first half of 2023.

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