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5/01/24
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Rockefeller Group has begun construction of Sycamore Hills Distribution Center on 34.63 net acres in Riverside. The project includes two buildings totaling 603.1k sf: a 400k sf building (Building A) and a 203.1k sf building (Building B).
The project is in California’s Inland Empire East industrial submarket. JPMorgan Chase provided $87.2 mil in construction financing to support the project.
“Although the industrial market slowed in 2023 and the first quarter of 2024, we believe that industrial buildings in these size ranges will be in demand by prospective tenants soon before the project is completed in early 2025,” said James V. Camp, Senior Managing Director for Rockefeller Group’s West Region. “The buildings are being developed on separate land parcels and available for lease or for sale.”
Sycamore Hills Distribution Center is located along Alessandro Blvd and Barton St, just west of the I-215 Fwy’s Alessandro Blvd on/off ramp. The project is strategically located near the Ontario International Airport with easy access to the Ports of Los Angeles/Long Beach and within an eight-hour drive to customers in Nevada, Utah, Arizona, and New Mexico. The two buildings include 36’ clear heights, 56’ x 60’ column spacing, 623 auto parking spaces and 155 trailer parking stalls.
As part of the development, Rockefeller Group will also develop and then donate a 1.18-acre trailhead parking lot north of the property that will provide hiking and mountain biking access to the Sycamore Canyon Wilderness Park. Rockefeller Group worked closely with the City of Riverside on the project, which will extend Barton Rd to the new trailhead parking lot. The trailhead parking lot will include 52 parking stalls, a seating area, drinking fountain and bike repair stand which will be dedicated in fee title to the City of Riverside by Rockefeller Group upon completion.
Bill Heim, Alex Heim, Michael Chavez, Mario Calvillo and Finn Comer of Lee & Associates - Ontario will oversee leasing of the project. The buildings were designed by HPA Architects and engineered by Kimley-Horn. The general contractor is Fullmer Construction with construction project management services provided by ECM Management.
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