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California  + Inland Empire  + Industrial  | 

Rockefeller-Led JV Lands Loan for $40M Spec Industrial Development in Fontana

Rockefeller Group and joint venture partner MBK Real Estate secured a $24.4 million construction loan from Los Angeles-based City National Bank to develop a 297,161-square-foot industrial building in Fontana. The $40-million Fontana Santa Ana Industrial Center is located at 10965 Banana Ave. and recently started construction. Completion is expected in January 2021.

Rockefeller Group’s James V. Camp says, “With this financing, we’re able to potentially enhance project-level returns, while preserving balance-sheet capital to further grow our development pipeline throughout the Inland Empire and Southern California.”

The developer also recently secured both grading and building permits from the City of Fontana, which allowed it to break ground on the project recently despite the current COVID-19 situation.

Lee & Associates’ Paul Earnhart, Doug Earnhart, Brian Pharris and Ryan Earnhart, along with Voit Real Estate Services’ Juan Gutierrez, are jointly marketing the project.

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.

  • ◦Financing
  • ◦Development
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