RIVERSIDE, CA-San Francisco developer Newcastle Partners, has completed construction of a 600,000-square-foot class A distribution building in the Meridian Industrial Park in Riverside.

“This project is consistent with Newcastle Partners' strategy of aggressively growing a substantial industrial portfolio in the Inland Empire,” said Dennis Higgs, Newcastle Partners' Managing Partner and Founder. “The Inland Empire industrial market continues to outperform other national markets across all fundamentals.”

The state-of-the-art facility is situated on the west side of the 215 freeway, offering excellent visibility to the freeway and strategic access to Southern California and the ports. The building features include: 32' clear height, ESFR sprinkler system, and 200' truck courts.

According to Jackson Smith, who heads Southern California operations for Newcastle Partners, the property has already attracted a significant amount of interest. “Large, corporate users are actively seeking to either bring their distribution activity into the Inland Empire market, or they are local and are seeking to relocate and/or expand into new, quality product of this size requirement.”

Leasing agents for the Meridian Industrial Park facility are Phil Lombardo and Chuck Beldon of Cushman and Wakefield.  

“We'll continue to invest in this region as corporate America continues to expand here,” Higgs added. “Our building offers the highest construction quality as well as the best identity and security in the entire market, for both the Inland Empire East and West.”