Spectrum Monte Vista Business Park - Chino, CA

The recently announced joint venture between Majestic Realty Co. and AMB Property Corporation (NYSE:AMB) has become a reality as this terrific partnership is developing three multi-tenant buildings in Chino, California.

The Spectrum Monte Vista Business Park, totaling 576,700- sq. ft., is scheduled for completion this fall and is a clear demonstration of the companies' combined abilities to build smart, build efficiently and get things done right.

With buildings ranging from 100,000-sq. ft. to nearly 307,000-sq. ft., the development offers a wide range of sizes and amenities. Located just one mile from the new Chino 71 Freeway, the state-of-the-art buildings feature:

• 30-ft. ceiling clearance
• ESFR sprinkler systems
• Truck high loading
• Units divisible to 53,000-sq. ft.
• Immediate freeway access

In addition, the proximity of Spectrum Monte Vista to The Majestic Spectrum park, which totals 7 million sq. ft., provides tenants with several growth opportunities.

"We continue to receive a very positive response to projects which allow both Majestic/AMB and its tenants the potential for a long-term, mutually-beneficial relationship," said Majestic Vice President Kevin McCarthy. "We believe that this approach demonstrates a vision for the future that is greatly appreciated by our partners."

Key contacts are Kevin McCarthy, (562) 948-4394 or Dave Wheeler, (562) 948-4342.