What’s Dalfen Industrial?
Dalfen has acquired 12 industrial buildings since it first entered the California market two years ago.
Dalfen Industrial is a pioneer in the last-mile commercial real estate market and one of the country’s largest industrial property buyers. They concentrate their investments on well-placed urban infill warehouses and distribution facilities. Across the United States, Dalfen owns and manages top industrial properties totaling millions of square feet.
Ideal Location: Situated Near Transport Hubs
The distance from Moreno Valley Logistics Center to I-215 is less than three miles. Its proximity to SR-CA-60 and SR-91 also allows for east-west communication, including to the Port of Long Beach/Port of Los Angeles, which is located about 70 miles to the west.
Over 40% of all US imports pass through the twin ports, and the Inland Empire’s warehouse stock is crucial to the country’s supply chain. FedEx, Walgreens, Amazon, Lowe’s, and Harbor Freight are a few notable tenants in the vicinity.
The I-215 Freeway system provides unprecedented access to Southern California’s population centers and the larger Southwest from this top-notch property. Due to the Inland Empire’s market rent growth, which is the nation’s best, the in-place revenue delivers immediate cash flow with significant potential upside.
“Our Nandina Avenue acquisition features all of the physical attributes that today’s tenants are seeking, and we’re excited to expand our footprint in the Inland Empire. We are eager to acquire more functional and modern buildings as new product delivery tapers off in the near term,” adds Willis Fries, Dalfen’s Market Lead for the Inland Empire and Los Angeles.
Insights From Sean Dalfen, President of Dalfen Industrial
More News on the Industrial Lands in Inland Empire
Dalfen Industrial Breaks Ground on Central Florida Industrial Development
To construct two Class A industrial complexes totaling 896,400 square feet, Dalfen Industrial purchased 73.66 acres of land in Auburndale, Florida. One of the few industrial-zoned locations in Central Florida without any wetland or floodplain hazards will be the development. The neighborhood’s notable tenants include Amazon, Walmart, Pepsi, UPS, and Sysco.
Dalfen Industrial Acquires Salt Lake City Industrial Property
In Salt Lake City, Utah, Dalfen Industrial purchased a brand-new, three-building, 183,792-square-foot industrial park that is 60% pre-leased. This market has continuously been rated as one of the top metros in the US for growth, and it is likely to keep doing so.
LA-based Dedeaux Properties Buys Industrial Property
The Los Angeles-based Dedeaux Properties is adding fuel to the Southern California industrial real estate fire. In the Inland Empire, the investment and development firm Dedeaux paid $33.6 million for 7.11 acres, or 309,806 square feet, of land. The cost per acre is over $4.7 million.
REDA Pays $122M for 130 Acres of Industrial Land
Purchasing 130.2 acres in the Inland Empire for $122 million, REDA plans to develop the first phase of the South Ontario Logistics Center next to the Chino Airport. Ontario, California, close to Euclid Avenue and Merrill Avenue, will gain 2.9 million square feet of Class A logistics space due to the project.
Read More: REDA Pays $122M for 130 Acres of Industrial Land in Southern California.
Wrap Up!
Dalfen Industrial, a leading player in the last-mile commercial real estate market and a major industrial property buyer, has acquired a 95,922-square-foot industrial building in Moreno Valley, California. The location is ideal as it is near transport hubs and offers easy access to Southern California’s population centers. Dalfen’s acquisition of this property aligns with their focus on investing in well-placed urban infill warehouses and distribution facilities.
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