The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
June 15, 2024
 Search RENTV
 The REview
News Home Page
Southern California
Northern California
Pacific Northwest
Prop. Management
Press Releases
 R. E. Marketplace
Service Providers
Property Spotlight
 RENTV  Conferences
Subscriber Login:
Forgot Password?

Printer-friendly Version   Email an Associate
CapRock Obtains $17.5 Mil in Financing for 22-Acre Dev Parcel in Moreno Valley


CapRock has secured $17.5 mil in pre-development financing on a 22.1-acre parcel within the World Logistics Center masterplan in Moreno Valley. Upon entitlement, CapRock will have the optionality to either commence development on an approximately 500k sf, LEED-certified industrial warehouse or exit via a land sale.

The industrial-zoned site will accommodate a wide range of uses including e-commerce, manufacturing and distribution. At completion, the building will feature 36-foot clear height, 65 dock-high doors and up to 10k sf of two-story office space. The property will offer 88 trailer parking stalls, 339 auto parking stalls, a truck court depth of 185 feet and a secured concrete yard.

CapRock Global Logistics is located just south of the 60 Fwy at the Theodore St on/off-ramp. Positioned midway between the I-215 and I-10 freeways, the property is within a 1.5-hour drive to the Ports of Long Beach and Los Angeles and offers the ability to reach 11 states, or approximately 80 million people within a one-day drive.

At completion, World Logistics Center will be the largest logistics business park in North America, offering exceptional connectivity to major transportation routes including highways, rail lines and airports, the Ports of Long Beach and Los Angeles, and major Western U.S. distribution hubs.

Greg Brown, Peter Thompson, Spencer Seibring and Kyle White with JLL Capital Markets Debt Advisory team arranged the financing.

Return to the Archive page

Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2024 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media