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RIALTO, CALIF. – Hillwood Investment Properties and Brookfield Asset Management have received a $12-million acquisition loan for the South Rialto Logistics Center. The 328,691-square-foot industrial building is located at 3700 S. Riverside Ave. It also includes 8.8 acres of developable land and 2,100 square feet of office space. The short-term, first-mortgage debt was provided by Steve Fried of Mesa West. The partnership purchased the property from California Public Employees' Retirement System (CalPERS) in early 2012 in an all-cash transaction. It was the first property acquired by the partnership, which plans to invest up to $1 billion in industrial properties over the next three years.