Birtcher Secures $49M Construction Loan for Fontana Logistics Center
JLL Capital Markets arranged $49.2 million in construction financing for Birtcher Logistics Center Fontana, a Class A industrial distribution facility totaling 330,048 square feet in Fontana. A JLL team of senior managing director Greg Brown, senior director Peter Thompson and analyst Spencer Seibring represented the borrower, Birtcher Development LLC, to secure the three-year loan with two one-year extensions from a life insurance company.
Located at the southwest corner of Banana and Santa Ana avenues, the property is positioned on more than 13 acres in the Inland Empire West submarket, one of the strongest industrial markets in the U.S. The distribution facility will offer 36-foot clear heights, 51 dock-high doors, 85 trailer parking stalls and a 185-foot truck court.
The site offers nearby access to the Southern California freeway system and five-mile proximity to the Union Pacific Intermodal Yard and Ontario International Airport. From this location, companies can service the 11 Western states and all of Southern California in a less than two-day drive.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).