IRVINE, CA – November 15, 2023 – CapRock Partners has chosen Stream Realty Partners as its strategic brokerage partner to effectively market and lease West Valley Logistics Center, a new 269,780-square-foot Class A industrial warehouse facility in Pomona, within the San Gabriel Valley, which is one of California’s strongest and most land-constrained submarkets. CapRock’s 12.5-acre ground-up development is currently underway with completion slated for Q3 2024.
Stream, a national commercial real estate firm offering an integrated platform of services, is tasked with securing high-quality tenants in need of a well-located, state-of-the-art logistics facility in the East Industry area of the San Gabriel Valley. Stream Executive Vice Presidents Wes Hunnicutt and Matt Moore, along with Associate Mike Torres, are leading the project’s leasing efforts.
“Stream Realty Partners brings an innovative approach to driving interest and awareness in the Los Angeles industrial real estate market, and CapRock is pleased to have its skilled and knowledgeable team as a key partner in the leasing of West Valley Logistics Center,” said Mike Kent, Senior Vice President of Asset Management at CapRock Partners. “Our firms’ collective vision for success is strategically aligned, and CapRock is confident in Stream’s ability to create buzz and execute in procuring a preferred tenant for this desirable property.”
Designed by Douglas Franz Architects, the LEED-certified speculative development offers 40-foot minimum warehouse clearance, secure dual access with drive around capabilities, rear load with 28 dock-high doors, 45 trailer parking stalls, 130 car spots, and 10,000 square feet of two-story office space. Construction is led by Fulcrum Construction.
“Stream is proud to head the marketing efforts for West Valley Logistics Center on behalf of CapRock Partners, a leading investor and developer of industrial real estate in the Western and Central U.S.,” said Moore. “The San Gabriel Valley is dynamic and a crucial component in Southern California’s supply chain. New construction over 200,000 square feet is extremely rare in this submarket and CapRock’s new development represents an excellent opportunity for corporations to obtain new state-of-the-art distribution warehouse space in this valuable location.”
Located at 4200 West Valley Boulevard, West Valley Logistics Center is ideally positioned southwest of the I-10 and SR-57 interchange, providing efficient access to major Southern California logistics routes, such as the 57, 60 and 71 freeways, as well as Ontario International Airport. It is located approximately 47 miles from the Ports of Los Angeles and Long Beach. Corporate neighbors include logistics and distribution leaders such as FedEx, HD Supply, NFI Industries, Ryder Logistics, and Williams Sonoma. West Valley Logistics’ location also qualifies it as an Opportunity Zone (OZ), offering attractive tax incentives for potential users.
With a 2.2% vacancy rate, the San Gabriel Valley was the only Los Angeles industrial submarket to post positive absorption in Q2 2023, according to Stream.
For more information on West Valley Logistics Center, call Stream’s Southern California office at 949.203.3030.
About Stream Realty Partners
Stream Realty Partners is a national commercial real estate firm offering an integrated platform of services including leasing, Legendary CX property management, tenant and landlord representation, capital markets, investment management and sales, development, construction management, national program management, workplace strategies, strategic marketing, and dedicated research. The company is headquartered in Dallas and operates 15 core offices in markets that cover areas including Alexandria, VA; Arlington, VA; Atlanta; Austin; Boca Raton; Charleston; Charlotte; Chicago; Colorado Springs; Dallas; Denver; Fort Lauderdale; Fort Worth; Greenville, SC; Houston; the Inland Empire; Irvine; Los Angeles; Miami; Nashville; Orange County; Phoenix; Raleigh-Durham; Reston, VA; San Antonio; Tysons; Washington, D.C.; and West Palm Beach. Since 1996, Stream has grown to more than 1,350 professionals and now completes more than $6.9 billion annually in office, industrial, retail, healthcare, land, and data center transactions. For information, visit www.streamrealty.com and follow Stream on LinkedIn, Instagram, Twitter, and Facebook.