Commercial real estate debt and equity investment platform Basis Investment Group (BIG) has announced the investment of $13.1 million in the $32.6 million acquisition and development of an 83,000-square-foot industrial project in Rialto, CA. Developed by Dedeaux Properties, Rialto Village will break ground in the first quarter of 2023 with delivery expected in late 2023.

“Dedeaux is a prolific industrial developer with significant experience in the California market,” said Dale Burnett, Partner at BIG Equity. “The Rialto Village development is our second venture with Dedeaux and reflects our believe that well-located, moderately-sized modern industrial buildings are a lynchpin in the nation’s supply chain.”

The tilt-up building project will be located on a 3.9-acre sit in an infill pocket of Rialto, near Interstate 10. Rialto Village will offer 32’ clear height, 18 docks, 5,500 square feet of office space, an ESFR sprinkler system and 66 parking spaces.