Deckers Outdoor Corporation (NASDAQ:DECK), a global leader in designing, marketing and distributing innovative footwear, apparel and accessories, including brands UGG Australia, Sanuk and Teva, signed a 10-year lease for an 800,000-square-foot distribution building in Moreno Valley, Calif., that is being developed by SARES-REGIS Group.

The building, scheduled for completion next fall, is among three LEED-rated logistics facilities under way totaling 2.2 million square feet by SRG in Southern California's prime Inland Empire distribution corridor. Lease consideration totals $37 million. Deckers, founded in Goleta, Calif., in 1973 and publicly traded, reported $386.7 million in net third-quarter sales. The company has seven brands and employs 2,300 persons in nine countries.

"Deckers is one of Southern California's modern success stories, and we're proud to have a role in helping them meet their real estate and facility requirements. In addition to this lease, we sold them land and are managing construction of their new 192,000-square-foot headquarters in our Cabrillo Business Park in Goleta," said Peter Rooney, president of SRG's Commercial Investment Division.

The Deckers building is one of two facilities totaling 1.6 million square feet that SRG is building in Moreno Valley. SRG also is under way on a 579,708-square-foot building nearby in Perris. SRG was represented by Joe McKay and Mike Wolfe in Lee & Associates' Ontario, Calif., office. Deckers was represented by Carlo Brignardello of Cresa in Los Angeles.

As a leading western United States real estate developer and property manager, SARES-REGIS Group has developed or acquired approximately 40 million square feet of industrial/commercial properties worth $3 billion since 1994 primarily in California. SARES-REGIS Group manages approximately 20 million square feet of commercial properties for its partners and investor clients. SARES-REGIS Group is also California's leading privately held developer of LEED-certified buildings.

About Deckers Outdoor Corporation

Deckers Outdoor Corporation is a global leader in designing, marketing and distributing innovative footwear, apparel and accessories developed for both everyday casual lifestyle use and high performance activities. The Company's portfolio of brands includes UGG® Australia, Teva®, Sanuk®, TSUBO®, Ahnu®, MOZO® and HOKA ONE ONE®. Deckers Outdoor products are sold in more than 50 countries and territories through select department and specialty stores, 105 Company-owned and operated retail stores, and select online stores, including Company-owned websites. Celebrating the 40th anniversary of its founding in 2013, Deckers Outdoor has a history of building niche footwear brands into lifestyle market leaders attracting millions of loyal consumers globally. For more information, please visit www.deckers.com.

SARES-REGIS Group
Zoe Solsby, 949-809-2400
or
Art Barrett, 714-602-6021