Ontario Office Landlords Join Forces to Attract Businesses to Ontario, Drive Economic Development

    ONTARIO, CA, June 30, 2010 /24-7PressRelease/ -- A group of competing office landlords have joined forces to attract new businesses to the City of Ontario through a newly-formed alliance, OntarioHQ. The group's initiative will focus on driving economic development within the City by promoting the many benefits to businesses looking to expand or relocate to Ontario. OntarioHQ is comprised of several leading office building owners, including CIP Real Estate/Guggenheim Real Estate, RREEF, Transwestern, The Hileman Company/Pacific Coast Capital Partners and Unire Real Estate Group.

"In this competitive market, our objective is to raise awareness about the excellent value available for businesses in the City of Ontario," said Jack Hileman, principal with consortium member The Hileman Company. "Our combined efforts will make a positive economic impact on the City and its residents as OntarioHQ draws new tenants to the area."

The group has just launched OntarioHQ.com to promote Ontario's competitively priced Class A office market, high quality of life and pro-business climate.

The website further provides users with leasing information, entertainment and dining venues, airport and transportation information and demographic data. The site also offers links to business-friendly incentives available through the City of Ontario.

OntarioHQ includes a variety of Class A office towers and mid- and low-rise properties, such as:

- Centrelake Plaza, a six-story, 114,420-square-foot office building offering Class A space.

- Empire Towers, a five-building office campus development with approximately 500,000 square feet of Class A office space.

- One Lakeshore Centre, a Class A eight-story building, 149,160-square-foot building and a two-story, 27,050-square-foot building.

- One Piemonte, a five-story Class A office building totaling 123,000 square feet of space located within the master planned Piemonte at Ontario Center.

- Waterside Center, a three-building, 320,000-square-foot Class A office campus offering both freeway and airport visibility.

"The properties within the Ontario Office Market can accommodate the office needs of large corporations, regional companies and small businesses," said Natalie Bazarevitsch, senior managing director with CB Richard Ellis. "Combining this breadth of options with the City's central location, affordability and amenities supports Ontario's position as the office headquarters of the Inland Empire."

About The OntarioHQ Consortium
OntarioHQ is an initiative among the leading landlords within the Ontario Airport Office Market focused on attracting businesses to the City and driving economic development. Members include CIP Real Estate/Guggenheim Real Estate, RREEF, Transwestern, The Hileman Company/Pacific Coast Capital Partners and Unire Real Estate Group. Additional information is available at www.OntarioHQ.com.

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