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2/23/26
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The Covington Group has obtained $33.8 mil in construction financing for a 428.2k sf, single-tenant industrial facility in Hesperia. The to-be-built, Class A project is being constructed for Pixior Group, an owner/user.
The building, located at 10400 Amargosa Rd, will feature 36-foot clear heights, rear-load capabilities, an ESFR fire sprinkler system and a 100% secure truck court with space for 59 trailer stalls and 216 auto parking spaces including EV charging capabilities. Construction is expected to be completed in 11 months on the 21.5-acre developable site.
The property is strategically located directly along Interstate 15, within 15 miles of State Routes 18 and 395, and proximate to Southern California Logistics Airport and Ontario International Airport. The facility sits near major corporate tenants including Amazon, Maersk, Peloton and Boeing within the broader Hesperia-Victorville logistics corridor.
Hesperia is located in San Bernardino County within the Inland Empire region, which serves as the distribution and logistics hub for the Greater Los Angeles Basin and contains a population of approximately 4.6 million residents. The area has experienced robust industrial demand in recent years, attracting major corporations and benefiting from proximity to the nation's largest port complex in Los Angeles and Long Beach.
Senior Managing Director Matt Stewart, Director Kellan Liem, Associate Allie Black and Analyst Cameron Sepahi with JLL Capital Markets arranged the five-year fixed-rate loan through TDA Investment Group, on behalf of its pension client.
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