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FINANCING NEWS
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CapRock Partners Building 270k sf Industrial Facility in Pomona

12/06/22

CapRock Partners has obtained $50 mil in construction money for the construction of a 269.7k sf industrial facility in Pomona. Greg Brown, Peter Thompson and Sam Godfrey with JLL Capital Markets arranged the non-recourse construction loan.

The project is located at 4200 W. Valley Blvd, south of I-10 and west of the 57 Fwy. Once completed, the facility will feature 40’ clear heights, 28 dock-high doors, two grade-level doors, 129 car spaces and 46 trailer stalls.

The ±12.5-acre site is positioned two miles from the CA-60 and SR-57 junction providing convenient access to Los Angeles, the Inland Empire and Orange County. As a result, tenants will be able to reach Southern California’s 22.8 million residents within a few hours’ drive. Additionally, the warehouse will benefit from its proximity to the City of Industry Intermodal Facility (7 miles), the Ontario International Airport (15 miles), the Port of Long Beach (44 miles) and the Port of Los Angeles (46 miles).

According to JLL’s Los Angeles Industrial Insight – Q3 2022, the market’s lack of supply and increased demand have driven total vacancy for the Los Angeles industrial region to 0.8% with YTD rental growth reaching 23.6%. This development will be one of the few new last-mile development projects delivered in highly sought-after Los Angeles County.





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