IE Business Daily Business news for the Inland Empire.
Stream Realty Partners, a national real estate development, services and investment firm, will build its first Inland Empire project.
The company will develop a 160,000-square-foot industrial building in Fontana for Cabot Properties, a private equity real estate investment firm in Boston, according to a statement.
The project will be developed on 7.5 acres in Fontana’s Southwest Industrial Park, which is at Santa Ana Avenue and Banana Avenue about two blocks south of Interstate 10.
CBRE will be in charge of leasing the building. Cost of the project, and a timeline for its construction, were not released.
“Expanding our industrial development platform into the Inland Empire is a high priority of Stream’s,” said J. Cannon Green, managing director and partner for Stream’s industrial team, in the statement. “We could not be more excited to see this first project come to fruition in Fontana.”
