ONTARIO, CA—Irvine-based CapRock Partners, has acquired about 66 acres of unimproved land in Ontario. With the land currently occupied by a dairy farm, the development company plans to entitle the property for “big box” industrial buildings totaling approximately 1,300,000 square feet of class-A commercial real estate.

“This site presents a very attractive development opportunity for CapRock Partners and our investors,” says Jon Pharris, the firm's director of acquisitions. “Ontario is the epicenter for industrial in Southern California and this site is one of the last in-fill locations in the Inland Empire and is a prime logistics location with great freeway access and proximity to the ports.”

Located at the northeast corner of Remington and Carpenter Avenues within the Inland Empire West region in the City of Ontario, the property borders the City of Chino and lies just east of the Chino Airport. An ideal distribution hub, the site is minutes from the 60 Freeway, the 71 Freeway and Interstate 15. It also is adjacent to the Watson Land Company's planned Watson Commerce Center East and Watson's East Chino projects, a large-scale industrial development encompassing several million square feet.