Construction Shifts Gears at Bloomington Industrial Site
Dedeaux Properties has tilted the walls on a 48,000-square-foot distribution facility in Bloomington, CA. Located on Lilac Avenue, the Class-A project will include 85 dock high doors, 226 trailer parking stalls and a 5,700 square foot two story office area. Delivery is expected late this year.
“Demand for modern, mid-size industrial space is being fueled by a wide variety of users including food, healthcare, e-commerce and logistics users,” said Principal and Manager Brett Dedeaux in a news release. “Add this quality product to the Inland Empire, which is arguably one of the most dynamic and desirable industrial real estate markets in the country, and you have a recipe for top-of-the-line value creation.”
Dedeaux Properties has been very active in the industrial sector, closing more than $400 million in deals in the first half of 2022. That performance follows more than $1 billion in transaction activity since 2020.
Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.