IE Business Daily Business news for the Inland Empire.
A 68-acre site in Jurupa Valley zoned for industrial development has been sold.
Bridge Logistics Properties, a national real estate investment management company, bought the property for an undisclosed sum, according to a company statement.
Information about the seller also was not released.
The parcel is next to the 60 Freeway near Rubidoux Boulevard. Bridge Logistics plans to build a warehouse-distribution facility there that will include 542 trailer stalls and truck courts ranging from 195 feet to 250 feet.
The exact size of the project was not released, but the parcel can accommodate up 1.5 million square feet of industrial development, according to the statement.
The site is part of The District, a 245-acre development that will include an estimated 1,100 residential units, 37 acres of commercial retail space, a hotel site and business parks, according to the statement.
