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9/13/23
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CapRock Partners purchased a 165k sf, single-tenant industrial building in San Dimas. The facility sits on 8.3 acres at 300 E. Arrow Highway, east of the 57 Fwy and south of the 210 Fwy.
300 E. Arrow Highway is fully leased to long-term tenant, Western Pacific Storage Solutions, a leader in the engineering and manufacturing of industrial storage solutions, shelving systems, and material handling. The company has occupied the space for its manufacturing operations since 2001.
Built in 1972 and expanded in 1989, 300 E. Arrow Highway features 15 dock-high doors and one ground-level door, a 130-foot secured truck court and multiple points of ingress/egress. It offers ample parking, 4000A/480V power and approximately 21k sf of two-story office.
Located along the high-traffic Arrow Highway, the property provides prime visibility as well as quick access to the nearby 57, 60 and I-210 freeways and Ontario International Airport. It is located approximately 49 miles from the Ports of Los Angeles and Long Beach offering considerable drayage savings for the tenant.
CapRock purchased 300 E. Arrow Highway on an all-cash basis from an undisclosed investor. The transaction was facilitated by CBRE’s National Partners team led by Barbara Perrier, Darla Longo and Rebecca Perlmutter. Terms of the deal are not disclosed. The acquisition boosts CapRock’s value-add investment platform to more than 17 msf of industrial real estate throughout the Western and Central U.S.
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