Grocer to rent warehouse being built at I-5 and 91 Freeway interchange in Anaheim

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Gonzalez Northgate Market has agreed to rent a warehouse and distribution center in Anaheim that will be built for the grocery store chain near the Interstate 5 and 91 Freeway interchange. Irvine developer Birtcher Development & Investments will erect the 375,000-square-foot warehouse on 21.6 acres it acquired out of bankruptcy from automotive company Delphi.

Terms of the purchase and 15-year lease were not disclosed. The industrial facility will be built with Spanish-style architecture to environmental standards approved by the U.S. Green Building Council. Cornerstone Real Estate Advisers of Hartford, Conn., provided financing for the acquisition and construction. Development is set to being late this year and completed in 2010.

-- Roger Vincent