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10740 Banana Avenue

Paul Jones & Grant Moore Acquire 133,115 SF Industrial Facility In Fontana For Bridge Logistics Properties
SOLDIndustrial

Paul Jones & Grant Moore Acquire 133,115 SF Industrial Facility In Fontana For Bridge Logistics Properties

10740 Banana Avenue

Building Size

133,115 SF

Asset Type

Industrial

Closing

Apr 10, 2026

AI

An industrial property located at 10740 Banana Avenue, Fontana has been acquired. The asset. with a square footage of 133,115, is classified as a Class A distribution facility. It was built in 2020 and is strategically positioned in the Southwest Industrial Park, a desirable logistics market within the Inland Empire. The property enjoys excellent accessibility due to its location at the intersection of I-10 and I-15, serving over 14 million consumers within a 50-mile radius.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Square Footage: 133,115
  • Address: 10740 Banana Avenue
  • Market: Fontana
  • Buyer: Paul Jones & Grant Moore
  • Company: Bridge Logistics Properties (BLP)

Paul Jones and Grant Moore, representing Bridge Logistics Properties, facilitated the acquisition of this logistics-focused asset. BLP specializes in distribution facilities, indicating their strategic investment in the rapidly growing logistics sector within the Inland Empire.

Players

Paul Jones

Bridge Logistics Properties (BLP)

Buyer

$192.5M

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