Updated Nov 9, 2026
GXO Logistics Leases 671,683 Square Feet At Invesco's Cajon Distribution Center In San Bernardino
7010 Cajon Boulevard & 7140 Cajon Boulevard
Building Size
671,683 SF
Asset Type
Industrial
Closing
Oct 30, 2026
About this deal
AI
The property asset involved in this transaction is part of Invesco’s Cajon Distribution Center located at 7010 and 7140 North Cajon Boulevard in San Bernardino, California. The asset is categorized as industrial and encompasses a total square footage of 671,683. This significant industrial lease is notable as it contributes to the logistics capacity for the tenant within a previously fully occupied campus by Hewlett Packard.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 7010 & 7140 North Cajon Boulevard
- Market: San Bernardino, CA
- Landlord: Andrew Schlossberg - Invesco
- Tenant: GXO Logistics
- Area Leased: 671,683 square feet
- Date of Lease: July 2026
The deal was facilitated by Andrew Schlossberg representing Invesco as the landlord. GXO Logistics, as the tenant, has made a substantial addition to their logistics capacity with this lease, marking it as one of the largest industrial leases in the Inland Empire for the third quarter of 2026.
On the Map
Industrial
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North Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93