Firm recognized for securing market-leading lease upon completion of world-class logistics facility in Southern California’s Inland Empire
NEWPORT BEACH, Calif. – March 20, 2025 – Western and Central U.S. industrial real estate investor, developer and asset manager, CapRock Partners (“CapRock”), has received the “Largest Sponsor Transaction” award from the Inland Empire and Orange County Chapter of the Society of Industrial and Office Realtors® (SIOR). This award recognizes CapRock’s successful lease transaction with a premier Fortune 5 e-commerce company at the newly completed CapRock I-15 Logistics in Fontana, Calif.
Developed on a speculative basis, CapRock I-15 Logistics secured a lease with the high-profile tenant before construction was completed, reinforcing its strong market positioning. CapRock was represented in the transaction by SIOR members Paul Earnhart, Senior Vice President, and Doug Earnhart, Principal, at Lee & Associates, and their team members Ryan Earnhart and Brian Pharris, both Senior Vice President/Principals. The tenant was represented by KBC Advisors.
“SIOR plays an important role in the industrial real estate sector, and we are honored to receive this esteemed award,” said Bob O’Neill, Executive Vice President of CapRock Partners. “CapRock I-15 Logistics highlights the strength of our partnerships and the demand for well-located, state-of-the-art logistics facilities in the Inland Empire. This recognition reaffirms our strategic investment approach, commitment to quality execution, and ability to meet the evolving needs of global industrial users.”
Strategically located at 4121 Coyote Canyon Road at the northern entrance to the Inland Empire, CapRock I-15 Logistics is a 1,171,788-square-foot, Class A industrial warehouse designed to meet the needs of modern industrial users. The 78-acre development, completed in Q4 2024, features LEED Silver v4 WD+C certification standards, emphasizing sustainability and efficiency. Key features include a 40-foot clear height, 200 dock-high doors, two grade-level doors, 56-foot by 60-foot column spacing, an eight-inch-thick concrete slab, a 4,000-amp electrical system, and expandable infrastructure.
“Receiving the Largest Sponsor Transaction award from SIOR is a testament to the exceptional teamwork that has made CapRock I-15 Logistics a success,” said Jon Pharris, Co-Founder, CIO, and President of CapRock Partners. “The Inland Empire is one of the most competitive industrial markets in North America, and this project demonstrates our commitment to delivering high-performance logistics solutions that enhance supply chain efficiency.”
CapRock I-15 Logistics is positioned along Interstate 15, providing half a mile of freeway frontage and direct access via the Sierra Avenue off-ramp. The facility is designed to optimize supply chain efficiencies and includes 436 auto stalls, 283 trailer stalls, and secured concrete truck courts ranging from 185 to 235 feet.
“This SIOR award highlights the power of collaboration in delivering premier industrial real estate solutions,” said Paul Earnhart. “We are proud to have played a key role in securing a leading e-commerce tenant for this exceptional facility. CapRock’s transaction exemplifies the success achieved through strong partnerships.”
CapRock Partners is committed to advancing industrial real estate across the region, supporting Southern California’s economic growth and the evolution of modern logistics infrastructure. Including its development pipeline, CapRock’s current portfolio spans approximately 21 million square feet of Class A logistics facilities across the Western U.S. and Texas, with ongoing expansion in targeted markets.
ABOUT CAPROCK PARTNERS
Founded in 2009 in Newport Beach, Calif., CapRock Partners is a privately owned investor and developer of industrial real estate in the Western and Central United States. The company specializes in acquiring middle-market value-add industrial assets, developing large-scale institutional-quality Class A industrial warehouse facilities in key locations, and providing third-party asset management services for institutional investors. The firm is actively acquiring land for development and middle market value-add assets across the Western and Central U.S. Since inception, its total investment and development pipeline exceeds 33 million square feet of industrial real estate. Follow the company on Facebook, LinkedIn, X and Instagram.
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