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6/10/25
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In a development update out of the Inland Empire, the walls have been tilted at Colton Commerce Center, a four-building, 182.1k sf, Class A industrial park underway in Colton. The project is a development of HZI Partners, led by Jose Hevia.
Colton Commerce Center sits within a federally designated Opportunity Zone at 2245 West Valley Blvd, east of Riverside Ave. It is ideally located just 500 feet from the I-10 Fwy, a main thoroughfare connecting Southern California submarkets. It is also situated just minutes from Ontario International Airport.
Colton Commerce Center consists of four individual buildings ranging from 39.9k sf to 49.9k sf are available for sale or lease. Each building offers best-in-market specifications and premium design features including 30-foot clear heights, 4k sf of office space, seven-eight dock-high doors, secured dock doors and abundant parking. The project also includes solar panels and energy star HVAC equipment. Construction is scheduled for completion in December 2025.
The Opportunity Zone tax advantages provide owner-users, investors and tenants the rare chance to avoid federal capital gains taxes on appreciation while securing ownership in one of the most active logistics markets in the United States. This unique opportunity to acquire a building at Colton Commerce Center and receive the Opportunity Zone tax saving benefits is available only through early December 2025, while the tax savings benefits will continue to be available for any business/tenant that operates a business at Colton Commerce Center after December 2025.
Cody Clayton, Scott Coyle and Jay Cuccia with JLL are marketing the property on behalf of the owner.
“Unlike standard industrial building acquisitions, which offer no capital gains deferral or exemption, ownership at Colton Commerce Center allows buyers to eliminate federal capital gains tax on appreciation if held for 10 years, translating into millions in long term savings,” said Clayton. “Purchasing one of the buildings at the property would allow owner-users to avoid exposure to future rent and building cost increases while securing space in one of the most sought-after industrial markets in the United States.
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