California CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Affinius Capital Provides $58M Acquisition Loan to Dalfen
Affinius Capital LLC has provided $58.2 million in acquisition financing for a 340,000-square-foot, Class A industrial building located in San Bernardino to Dalfen Industrial. Located at 4982 Hallmark Pkwy., the roughly 15-acre asset was acquired by Dalfen from Bixby Land Company in early May.
The rear-loading industrial facility was built in 2018 and features 32’ clear heights, 2 drive-in doors, 47 dock high doors, 135 truck courts, and 62 dedicated trailer parking spaces as well as additional trailer parking. Located in the San Bernardino market just off the I-215 freeway, the property provides immediate access to major transportation routes in the Inland Empire via the I-15 and I-10 freeways. In addition, it is near BNSF’s San Bernadino Intermodal Container Facility and San Bernardino Internal Airport.
Affinius Capital managing director Tom Burns said, “This was a terrific opportunity to provide acquisition financing for a property in the Inland Empire industrial market, which continues to have strong fundamentals. The property is fully leased to two tenants with an average lease term of 2.3 years with existing rents well below the market average, offering a great mark-to-market opportunity.”
- ◦Financing



