JLL Capital Markets brokers $197 million sale of 819,004-square-foot Commerce Way Distribution Center in the Inland Empire

  

Makenna Peter

 LOS ANGELES, CA, AprIL 2, 2024 –  JLL Capital Markets has arranged the $197 million sale of Commerce Way Distribution Center totalling 819,004 square feet in Fontana, California.

Patrick Nally 

JLL represented the seller, Manulife Investment Management on behalf of clients, and procured the buyer, EQT Exeter.

 

Built in 2000, Commerce Way Distribution Center features a cross-dock configuration and 30-foot clear heights. 

The building is located at 13423-13473 Santa Ana Ave in Fontana, CA and strategically benefits from being in the Inland Empire, the largest industrial market nationwide with immediate access to the nation’s most critical supply chain infrastructure and Southern California’s population of over 25 million people.

Mark Detmer

The JLL Capital Markets Investment Sales and Advisory team was led by Senior Managing Directors Patrick Nally and Mark Detmer, Senior Director Evan Moran and Director Makenna Peter.

 

 The JLL Capital Markets Debt Advisory team was led by Executive Managing Director Kevin Mackenzie, Senior Managing Director Brian Torp and Director Samuel Godfrey.

 

The Inland Empire Markets Team was led by Executive Managing Director Mike McCrary and Senior Managing Director Ruben Goodsell. 

 

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers.

Evan Moran 

The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization.

 

The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

 

For more news, videos and research resources, please visit JLL’s newsroom. 

 

Kevin Mackenzie

Jones Lang LaSalle Americas, Inc. ("JLL") is a real estate broker licensed with the California Department of Real Estate, license #01223413.   

 

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