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RIALTO, CALIF. — CapRock Partners has acquired two fully entitled land parcels in Rialto. The parcels are called CapRock Distribution Center I and II. The first parcel is located at the northeast corner of North Locust and West Bohnert. The second is located at the northwest corner of North Linden Avenue and West Casmalia Street.
CapRock plans to build more than one million square feet of industrial space on the two sites this fall. The project will have direct access to the 210 Freeway. It’s also near the 10/15 Freeway interchange.
CapRock also received $50 million in debt and equity financing that was facilitated by Chris Bramel and Paul Conzelman of Bridgeport Investments.