CapRock Completes Duo of Industrial Projects in Norco

CapRock Partners, a privately owned industrial real estate investor, developer and asset manager in the Western U.S., has completed Palomino Ranch Business Park Phase I and Saddle Ranch South, two new LEED Silver-certified industrial building complexes strategically located in Norco. The company said its developments bring new efficient industrial space to a key Southern California location within the Inland Empire West submarket.

“The Inland Empire maintains its position as one of the tightest industrial markets in the U.S., and CapRock is pleased to complete the first phase of Palomino Ranch Business Park as well as Saddle Ranch South, two ideally located best-in-class industrial facilities, to meet the ongoing demand,” said Jon Pharris, co-founder and president at CapRock Partners.

He added, “CapRock recognized the long-term potential of the Norco market early on, and the region has shown resilience and continued economic growth. We are grateful for the relationships we’ve established and ongoing collaboration with Norco’s city and community leaders throughout the development process and we look forward to our continued partnership.”

Pictured: Palomino Ranch Business Park Phase I.