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Eagle Scout’s dream comes alive as Ontario Airport, Bob Hope USO reopen renovated center for visiting troops

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The newly renovated Bob Hope USO at Ontario International Airport was formally unveiled Friday and the Center re-opened after its temporary closure due to COVID-19.

The newly renovated Bob Hope USO at Ontario International Airport was formally unveiled Friday and the Center re-opened after its temporary closure due to COVID-19, offering guests, dignitaries and servicemembers a first look at the Southern California airport’s beautiful new home away from home for our troops.

A cornerstone of the USO center is the new Patriot Patio – a labor of love for Eagle Scout and USO supporter Christian Thorpe, who in 2019 envisioned an enhanced outdoor patio area for traveling military personnel. Christian, the son of ONT Chief Executive Officer Mark Thorpe, raised a total of $7,500 in donations, and with the support of USO Inland Empire Manager DJ Stanhope, San Bernardino County Supervisor Curt Hagman, the City of Ontario and the Ontario International Airport Authority (OIAA), was able to put his plan into action.

Marines and airmen from March Air Reserve Base pitched in to repaint the center itself, move furniture and install floorboards.

“We owe our servicemen and women such a debt of gratitude for their sacrifice and courage, and hope that this new center will provide a warm and welcoming experience during their travels,” said Wapner, who serves as president of the OIAA Board of Commissioners. “We’re extremely grateful for our partnership with the Bob Hope USO, the support we’ve received from all of our volunteers and donors, and, of course, to Christian, whose dream has now come alive.”

“Our USO Airport centers are one of the many ways the USO is committed to supporting America’s service members and their families by keeping them connected to the people, places and values they cherish,” said Paul Estrada, Bob Hope USO Board Chair and US Army Veteran. “We’re thankful to our partners at Ontario International Airport, for helping the USO provide the over 25,000 men and women who put their lives on the line for us with a warm welcome when they come home or pass through.”

The Patriot Patio replaces the old outdoor seating area, consisting of concrete benches dating back many years, with new patio tables and umbrellas. Christian held a community BBQ, raising the initial $7,500. Hagman, the City of Ontario and OIAA each contributed $5,000.

“Especially now, during the pandemic, having a safe, comfortable outdoor space for our visiting servicemembers is so very important. We are thrilled to be able to dedicate this beautifully refurbished center, and to let our military heroes know how much we appreciate them,” said Hagman, who serves on the OIAA Board of Commissioners.

“The Patriot Patio is a great example of the strong community in Ontario,” said DJ Stanhope, USO Inland Empire Manager.  “What started with one Eagle Scout hoping to make a small, but important difference by adding tables for our military to enjoy inspired a community of others and led to the creation of an entire new patio area and the possibility for us to serve many more troops even during this global pandemic.”

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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