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10681 Production Avenue

Paul Jones & Brian Gagne Of Bridge Logistics Properties Acquire 1.1M SF Industrial Facility In Fontana
SOLDIndustrial

Paul Jones & Brian Gagne Of Bridge Logistics Properties Acquire 1.1M SF Industrial Facility In Fontana

10681 Production Avenue

Building Size

1,101,900 SF

Asset Type

Industrial

Closing

Nov 6, 2025

AI

An industrial distribution facility has been acquired at 10681 Production Avenue in Fontana, California. This property spans 1,101,900 square feet, and it is categorized as a Class A industrial asset. The acquisition is part of a strategic move by BLP to enhance its logistics platform amid limited supply in the market.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 10681 Production Avenue
  • Market: Fontana
  • Asset Size: 1,101,900 SF
  • Buyer: Paul Jones & Brian Gagne - BLP - Bridge Logistics Properties

Key individuals in this transaction include Paul Jones, who serves as the Managing Director at Bridge Logistics Properties. He highlighted the significance of this acquisition within the broader logistics market context, noting the scarcity of assets of this scale and quality in Southern California.

Players

Brian Gagne

Bridge Logistics Properties (BLP)

Buyer

$183.5M

vol

3 deals

Buyer
Bridge Logistics Properties (BLP)
Bridge Logistics Properties (BLP)Buyer

Fontana 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93