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
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