Bridge Logistics Properties (BLP), a subsidiary of Bridge Investment Group Holdings, announced the acquisition of a 133,115-square-foot class A distribution facility at 10740 Banana Ave., in Fontana, Calif., within the Inland Empire West submarket.
Built in 2020, the asset is located within the Southwest Industrial Park (SWIP), one of the most highly sought-after and land-constrained logistics markets in the Inland Empire. The property sits at the intersection of Interstates 10 and 15, providing access to more than 14 million consumers within a 50-mile radius.
The facility offers modern, institutional-grade specifications, including 32-foot clear height, 18 dock-high doors, secured 135-foot concrete truck court, approximately 6,000 square feet of office space, ESFR sprinkler system and full drive-around capability. The building is fully leased through 2028, providing durable cash flow as market fundamentals improve. In-place rents are below market, providing a path t
