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10/23/23
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CapRock Partners obtained $32.9 mil in financing for 300 East Arrow Highway, a single-tenant industrial building totaling 165k sf in San Dimas. The new non-recourse loan was arranged by Greg Brown, Peter Thompson, Kyle White and Allie Black with JLL Capital Markets.
300 E. Arrow Highway is fully leased to 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.
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