Shopoff Realty Lands $105M Loan for Inland Empire Logistics Center

  • April 6, 2021
  • Commercial Property Executive

Shopoff Realty Investments announced that it has obtained $105 million in financing for the development of I-10 Logistics Center, an approximately 1.8 million-square-foot speculative industrial project in Cherry Valley, California, in the Inland Empire. Bank OZK provided the loan for Shopoff Realty Investments, which is developing the state-of-the-art logistics center in a joint venture partnership with Artemis Real Estate Partners.

Shopoff Realty and Artemis relied on Mark Strauss and Rob Quarton of Walker & Dunlop to assist in securing the funding for I-10 Logistics.

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