CBRE, Inc. is pleased to present an exceptionally rare opportunity to acquire The Dart Facility (the "Property"), an approximately 61.2 -acre industrial site featuring ±1,037,699 square feet of existing warehouse improvements, located in the highly desirable city of Corona within the Inland Empire market. The Property was originally developed by Dart Container for its own operations and has remained under single ownership since inception.
The offering provides investors with significant flexibility to either develop a new state-of-the-art industrial park or reposition the existing improvements. A repositioning strategy would allow for the renovation of the existing warehouse along the rail line and the construction of new industrial buildings. Alternatively, a full redevelopment offers exceptional versatility, enabling a wide range of building sizes and configurations to meet evolving market demands. (Conceptual site plans provided in offering memorandum).
In addition, the offering includes Maple Centre, a three-building, multi-tenant industrial park totaling 57,665 square feet. Maple Centre is currently 79% leased to 17 tenants, providing stable in-place cash flow.
Corona lies between Riverside, Orange, Los Angeles, and San Bernardino counties, with two major freeways (I-15 and SR 91) and two major airports within 25 miles, facilitating efficient logistics and market reach. The area remains the first stopping off point for the Orange County tenant base with a heavy focus on manufacturing, distribution, and Owner / Users.