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December 28, 1990 | Michael Flagg Times staff writer
Building Lease: The Utman Co., a Newport Beach real estate investor, said it has signed Whirlpool Corp. to a $20-million lease in an industrial building that Utman will build in Ontario's Vintage Industrial Park. The new building, for which ground was broken this month, is a $24-million, 766,000-square-foot structure that will serve as Whirlpool's distribution center for the West Coast. Whirlpool will move into the building next December under a 10-year lease with four five-year options.
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BUSINESS
December 28, 1990 | Michael Flagg Times staff writer
Building Lease: The Utman Co., a Newport Beach real estate investor, said it has signed Whirlpool Corp. to a $20-million lease in an industrial building that Utman will build in Ontario's Vintage Industrial Park. The new building, for which ground was broken this month, is a $24-million, 766,000-square-foot structure that will serve as Whirlpool's distribution center for the West Coast. Whirlpool will move into the building next December under a 10-year lease with four five-year options.
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REAL ESTATE
October 19, 1986
It's not all industry in the City of Industry. It's also retail. The latest example is the $20-million Industry Hills Trade Center. Ground breaking was held last week on the site, at the northeast corner of Gale and Azusa avenues, by the developer, G N Utman Co., based in the City of Commerce. Industry Hills Trade Center also will have the first of many Costco wholesale clubs that are scheduled to open in Southern California.
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