Affinius Capital LLC has recently funded a $58.2 million acquisition loan for Dalfen Industrial’s purchase of a 340,000-square-foot Class A industrial building in San Bernardino. The property, located at 4982 Hallmark Pkwy., spans approximately 15 acres and was acquired from Bixby Land Company earlier this month.
Built in 2018, the rear-loading facility boasts impressive features such as clear heights of up to 32 feet, two drive-in doors, and an extensive number of dock high doors (47), truck courts (135), and dedicated trailer parking spaces (62). Its strategic location near the I-215 freeway provides easy access to major transportation routes in the Inland Empire via the I-15 and I-10 freeways. Additionally, it is conveniently situated near BNSF’s San Bernadino Intermodal Container Facility and San Bernardino International Airport.
According to Tom Burns, managing director at Affinius Capital: “We saw great potential in providing financing for this property within the thriving Inland Empire industrial market. With its fully leased status to two tenants with average lease terms of only 2.3 years at below-market rents, there is significant opportunity for mark-to-market improvements.”
