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Transactions - JUNE 2, 2021

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Shopoff Realty, Artemis JV breaks ground on 1.8msf logistics center

by Released

Shopoff Realty Investments has broken ground on its I-10 Logistics Center project, located near the Interstate 10 freeway and Cherry Valley Boulevard interchange in Southern California’s Inland Empire East. The project is a joint venture partnership between Shopoff Realty Investments and Artemis Real Estate Partners.

“Located in the I-10 Corridor, this project will fill a major void in this rapidly developing trade area due to its close proximity to major transportation routes, including direct access off the I-10, the east-west transcontinental highway,” said William Shopoff, Shopoff Realty Investments president and CEO. “With online shopping only becoming more prevalent over the past year, this project should be a fantastic asset in this supply-constrained industrial market, while also bringing thousands of new jobs into the area, further stimulating the economy.”

Jonathan Rainford, senior vice president at Artemis Real Estate Partners, added, “This devel

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