CBRE Investment Management Fund acquires 364 acres in Inland Empire, Calif.

A fund sponsored by CBRE Investment Management has invested in 364 acres of land located in Southern California’s Inland Empire.

The land is currently earmarked for the first phase of Speedway Commerce Center, a planned multi-building, state-of-the-art logistics project located at 9300 Cherry Ave. in Fontana. The project, which is entitled for up to 6.6 million square feet of logistics space, addresses the continuing high demand for well-located, modern logistics assets in the market.

Situated in the heart of the Inland Empire West with immediate access to Interstates 15 and 10 and the San Bernardino BNSF Intermodal Yard, the project offers unparalleled regional access for Fortune 100–caliber tenants and ecommerce users. Speedway Commerce Center will benefit from its location in one of the strongest and most dynamic distribution markets in the United States. Its proximity to the ports of Long Beach and Los Angeles, the dense population centers of Southern Californi