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Sr 60 And Rubidoux Boulevard

Paul Jones And Brian Gagne Acquire 1.5 Million Square Foot Industrial Site In Jurupa Valley
SOLDIndustrial

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

Mike McCrary

JLL

Broker

$410.6M

vol

5 deals

Broker
Paul Jones

Paul Jones

Buyer

$1.3B

vol

26 deals

Buyer

Mauricio Oberfeld

DO Capital Group

Seller

$100M

vol

1 deal

Seller

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