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5/06/24
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Dalfen Industrial acquired a 340k sf, Class A industrial facility in San Bernardino from Bixby Land Company. Built in 2018, the property is located at 4982 Hallmark Pkwy, north of the 210 Fwy and adjacent to the west side of I-215.
The property is fully leased to two tenants. Key features include 32-foot clear heights, ESFR sprinklers, 47 dock-high doors and two grade-level doors.
The asset is located in the ultra-core Inland Empire, the most sought after institutional industrial market nationally. It has strategic access to major transportation corridors and critical distribution and logistics hubs. It boasts access to all points throughout the Inland Empire and greater southwestern U.S. via the I-215, I-15, CA-210, I-10 and other nearby freeways in Southern California’s extensive freeway system. The Port of Los Angeles and Port of Long Beach are approximately 77 miles from the property in addition to multiple railway access points within 70 miles from the asset.
JLL represented the seller and procured the buyer in the transaction. The price was not immediately disclosed.
The JLL Capital Markets Investment Sales and Advisory team was led by Senior Managing Directors Mark Detmer and Patrick Nally, Managing Director Ryan Sitov and Senior Director Evan Moran. The JLL Capital Markets Debt Advisory team was led by Executive Managing Director Kevin Mackenzie and Senior Managing Director Brian Torp. The Inland Empire Markets Team was led by Executive Managing Directors Mike McCrary, Patrick Wood and Senior Managing Directors Ruben Goodsell and Jeff Bellitti.
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