City of Ontario - Commercial Real Estate

                                               Map of Ontario, California

                                                          About the City of Ontario

LOCATION ADVANTAGES

Ontario is acclaimed as Southern California's Next Urban Center with:
•LA/Ontario International Airport (ONT)
•United Parcel Service (UPS) Western Regional Hub at ONT
•The Ontario Foreign Trade Zone (FTZ)
•Ideal access to Southern California's freeway system via I – 10, I – 15 & Rt. 60
•Convenience to local, regional, national & international markets
•Nearby mountains, beaches, desert playgrounds, attractions & theme parks
•Adjacent to an innovation corridor of colleges & universities and an abundant and skilled workforce

DEMOGRAPHICS AND WORK FORCE

•Median age: 29.2 years
•Median income: $53,018
•Proportion of population over age 55: less than 14.1%
• Households (largest proportion): 31.6% married couples with minor children at home
•Occupation (largest proportion): 16% manufacturing sector

POPULATION

• City of Ontario: 173,690 people
• One of Southern California’s fastest growing cities for more than 25 years
•Anticipated growth by 2020: 120,000 people as substantial residential development begins in the 8,200 acre New Model Colony
•Greater Ontario area: 3.2 million people
•Greater Ontario anticipated growth by 2020: 1.8 million people, which is greater than 47 of the 50 U.S. states (fourth only after California, Texas & Florida)

AVAILABLE, AFFORDABLE COMMERCIAL LAND & REASONABLE LEASE RATES

•Closest area to Los Angeles County that still has undeveloped commercial land available – at half the cost of Los Angeles or Orange County
•Commercial space near LA-Ontario International Airport (ONT) far less expensive than West Los Angeles or Orange County
•Class "A" office space, average lease per square foot per month:
                West Los Angeles $3.43
                John Wayne Airport $2.37
                South Orange County $2.22
                San Gabriel Valley $2.10
                Downtown Los Angeles $2.84
                Ontario $2.13
•New, technologically advanced, Class "A" space in Ontario: 1.9 million square feet of the City’s 5 million square feet in inventory

 AVAILABLE, AFFORDABLE INDUSTRIAL SPACE & REASONABLE LEASE RATES

•Industrial space near LA-Ontario International Airport (ONT): far less expensive than West Los Angeles or Orange County
•Ontario industrial space near ONT: $0.34 per square foot

     Space with access to a major airport:
                Orange County $0.70
                Los Angeles County $0.54
•Existing industrial space in Ontario more than 97 million square feet

For More Information about the City of Ontario please visit their website at www.ci.ontario.ca.us/