Mary Lang & Ross Perot Jr. Secure $756M Construction Loan For Fontana Project

The industrial property located at 9300 Cherry Avenue in Fontana, California spans 6,600,000 square feet. The property is part of the Speedway Commerce Center project, a massive logistics development that was previously a NASCAR racetrack.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $756,000,000
• Address: 9300 Cherry Avenue
• Market: Fontana
• Lender: Bank OZK; BDT & MSD Partners
• Landlord: Mary Lang - CBRE Investment Management; Ross Perot Jr. - Hillwood Investment Properties
• Broker: Eastdil Secured

Mary Lang and Ross Perot Jr. were the property's landlords, representing CBRE Investment Management and Hillwood Investment Properties, respectively. The lender for this construction loan was Bank OZK in collaboration with BDT & MSD Partners. Eastdil Secured served as the broker for the transaction.