Paul Jones And Brian Gagne Acquire 1.5 Million Square Foot Industrial Site In Jurupa Valley
Sr 60 And Rubidoux Boulevard
Building Size
1,500,000 SF
Asset Type
Industrial
Closing
Apr 28, 2026
AI
The property involved in this transaction is a fully entitled development site located at SR 60 & Rubidoux Boulevard in Jurupa Valley. This industrial asset encompasses approximately 1,500,000 square feet and is positioned on a ±68-acre lot. The site provides direct access to State Route 60, connecting it conveniently to the Ports of Los Angeles and Long Beach.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Square Footage: 1,500,000 SF
- Address: SR 60 & Rubidoux Boulevard
- Market: Jurupa Valley
- Buyer: Paul Jones & Brian Gagne - BLP
- Seller: Mauricio Oberfeld - DO Capital Group
- Brokers: Peter McWilliams & Mike McCrary - JLL
Bridge Logistics Properties ("BLP") is set to develop a next-generation cross-dock logistics facility on the site, reinforcing the importance of this industrial land transaction within the broader mixed-use master-planned community. The project's location in the Inland Empire West positions it strategically to cater to evolving logistics demands.
Players
Riverside Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.16%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93