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California  + Inland Empire  + Industrial  | 

CapRock Claims 12.5-Acre Redevelopment Site in Pomona

Newport Beach-based CapRock Partners acquired a 230,000-square-foot infill industrial property on a 12.5-acre redevelopment site in Pomona. The property traded as a sale-leaseback from an undisclosed owner-tenant, which plans to continue occupying the existing manufacturing building.

Upon expiration of the leaseback, CapRock Partners intends to demolish the facility and develop a new 270,000-square-foot, 36-foot clear height building. Situated at 4200 W. Valley Blvd., the property’s location near the 57 and 605 interchange, and the 10 and 71 freeways, is ideal for last mile distribution users.

CapRock’s Taylor Arnett says, “This is a win-win for both buyer and seller, with the owner-tenant being able to remain on the premises while CapRock Partners works on securing permits and entitlements to redevelop the existing building.”

Newmark’s Wes Hunnicutt, Matt Moore, and Eric Tomchick represented the buyer and the seller and will handle leasing. JLL’s Greg Brown, Peter Thompson and Sam Godfrey arranged the debt on behalf of the buyer.

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Development
  • ◦Sale/Acquisition
  • ◦Lease
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