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Transwestern has acquired 16 acres to develop Riverside Logistics Center in Southern California's Inland Empire

Transwestern Acquires Riverside Acreage to Build Logistics Facility

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.

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TIG's McKenzie

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-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 7-10 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).

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