SAN DIEGO, CALIF. – JLL announced today that ShipLab has signed a sublease for a freestanding 86,465-square-foot industrial building located at 3055 Enterprise Court in Vista, California. ShipLab will use the space for expansion of its ecommerce fulfillment business.
JLL’s Scott Schindler represented ShipLab. The sublessor, Peloton, was represented by Blake Wilson of CBRE.
“The San Diego industrial market continues to be one of the tightest in the region with vacancy at 3.2 percent,” said Scott Schindler, JLL Vice President. “This was a perfect opportunity for ShipLab, as it was previously built out for Peloton who never occupied the space.”
Schindler went on to say “we were able to secure the high-end distribution center at a vastly under market sublease rental rate in a highly competitive market.”
Built in 1998, 3055 Enterprise Court offers 20 dock high doors, four grade level doors, 28-foot clear height, large truck court and ESFR sprinklers.
“Managing our rapid growth is no easy task, and in our industry the properties we occupy play a key role in our ability to deliver the premium service we’re known for, said Jake Brenner, ShipLab CEO. “Once again, Scott and the JLL team were instrumental in helping us take the next step in our expansion.”
About ShipLab
Founded in San Diego, ShipLab is a fulfillment center and 3PL that provides simple and effective order fulfillment and inventory management with unmatched accuracy, reliability, and transparency. Since its inception in 2017, the company has seen exponential growth in core services as well as an expansion in offerings beyond just eCommerce fulfillment, with the addition of LTL, FTL, Amazon FBA/FBM, and licensed alcoholic beverage support.
About JLL
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $19.4 billion, operations in over 80 countries and a global workforce of more than 102,000 as of June 30, 2022. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated.
