CapRock to Build 500 KSF Inland Empire Project

Rendering of CapRock Global Logistics. Image courtesy of CapRock Partners

CapRock Partners has announced plans for CapRock Global Logistics, an approximately 500,000-square-foot, LEED-certified warehouse facility within the World Logistics Center master-planned industrial park in Moreno Valley, Calif. The company purchased the 22-acre development site in an off-market deal with Highland Fairview.

CapRock Global Logistics will feature 36-foot clear heights, a 10,000-square-foot, two-story office component, a secured concrete yard, 65 dock-high doors, 88 trailer parking spots and 339 vehicle parking spots. The project will be designed to cater to the needs of manufacturing, distribution and e-commerce users.

Situated within a megadevelopment

The development site is situated close to World Logistics Center’s gateway and to interstates 215 and 10, 16 miles from Riverside, Calif., 18 miles from San Bernardino International Airport and within 52 miles of Anaheim, Calif. The property will be situated within a 1.5 hour drive from the ports of Long Beach, Calif., and Los Angeles, while also providing easy access to 11 states, representing a population of nearly 80 million people.

World Logistics Center is a 2,610-acre master-planned industrial park developed by Highland Fairview. At full build-out, the multi-phase development will become the largest logistics hub in North America, with the addition of more than 40 million square feet of industrial space to the Inland Empire East submarket. Completion is scheduled for 2030.

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A Stream Realty Partners team led by Senior Vice Presidents Stefan Pastor and Brad Yates assisted CapRock Partners during the land acquisition, while Southland Commercial Real Estate’s Principal Mark Repstad negotiated on behalf of the seller and developer of World Logistics Center.

CapRock continues to be active in Central and Western U.S., with recent completions in the Inland Empire West submarket. Earlier thin month, the company completed the construction of Palomino Ranch Business Park’s Phase I and of Saddle Ranch South, two LEED Silver-certified industrial developments totaling 1.1 million square feet. The company is also about to deliver I-15 Logistics Center, a 1.2 million-square-foot Class A industrial project in Fontana, Calif.