Transwestern Investment Group (TIG), on behalf of Transwestern Strategic Partners Fund III, has acquired 15.88 acres in Riverside and is partnering with Transwestern Development Company to build Riverside Logistics Center, a 307,394-square-foot industrial property. Construction is scheduled to begin in the third quarter of 2023, with delivery anticipated in Q3 2024.

“Industrial vacancy in the Inland Empire remains tight, and big-box logistics space is in high demand,” said Mike McKenzie, director of acquisitions for TIG. “This facility will satisfy the needs of a user that wants convenient access to Southern California ports, major transportation routes and a strong labor pool.”

Riverside Logistics Center is located on Center Street and surrounded by Interstates 215, 10 and 15. The Class A rear and side-load facility will feature a 36-foot clear height, 70 dock doors, an ESFR sprinkler system, 9,500 square feet of Class A office space, 20 trailer stalls and 337 auto parking stalls. 

Oltmans Construction will serve as the general contractor, and RGA will serve as the architect. JLL’s Mark Detmer and Hunter McDonald will handle the leasing.