Ross Perot Jr. Of Hillwood Secures $138.6M Refinancing Loan For Speedway Commerce Center In Rancho Cucamonga

The Speedway Commerce Center is a fully leased industrial park located at 13120-13160 Napa Street in Rancho Cucamonga, California. The asset spans 656,000 square feet and is recognized for its significant size, aligning with current trends in industrial leasing which highlights buildings larger than 500,000 square feet as pivotal in market activity.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $138,600,000
• Lender: Barings
• Landlord: Ross Perot Jr. - Hillwood
• Previous Loan Amount: $140,000,000
• Location: Rancho Cucamonga, CA
• Asset Size: 656,000 SF
• Buildings: Two-building property

This transaction marked a refinancing effort by Hillwood, replacing the previous construction loan from 2022. The deal signifies a strategic response to the growing demand for large-scale industrial facilities, which represented 35% of the Inland Empire industrial leasing activity in the first nine months of 2026.