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RIALTO, CA—CapRock Partners, a privatecommercial real estate investment firm based in Orange County, CA,has acquired the second of two premium land parcels in Rialto, CA.Only one mile apart, the projects boast ideal freeway access to the210, 15 and 10 Freeways.
Having fully entitled both projects, CapRock Partners is set tobegin development of more than one million square feet ofstate-of-the-art industrial on the two sites thisfall.
“These acquisitions have been 18 months in the making, as wecarefully observed the region's industrial market and the appetitesof Fortune 1000 firms for distribution centers in this keylocation,” says Pat Daniels, COO and co-founder ofCapRock Partners. “During the process, we leveraged our ability tocreatively and strategically structure the transactions so that wecould pursue and obtain all entitlements and approvals—and completedesigns for the two buildings—concurrent to the close ofescrow.”
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