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 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 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 |
CONTACT
Alli Stent
PR,
Hotels & Hospitality
Capital Markets
Chicago | JLLM +1 330 329
6750
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