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January 24.2026
2 Minutes Read

Why the Sale of Industrial Property at 1215 Graphite Drive Signals Growth in Corona

Modern industrial property in Corona, California, sold by Lee & Associates.

Strong Demand in the Corona Industrial Market

The recent sale of an industrial property at 1215 Graphite Drive in Corona, California, highlights the ongoing demand for industrial real estate in the Inland Empire. Completed on January 9, 2026, this 10,608-square-foot building was acquired for $3,928,960 by Graphite Dr. LLC from Sanre Corporation. The facility, which includes office space, multiple access points, significant power capabilities, and a secured yard, is ideally suited for various industrial applications.

The Appeal of Corona's Location

According to real estate experts, the strategic location of this property contributed greatly to its attractiveness. David Williams of Lee & Associates noted, "The strong fundamentals of this asset, combined with its strategic Corona location, made it an attractive opportunity for ownership." Corona's proximity to major transportation routes makes it a prime hub for industrial activity, linking businesses to larger markets effectively.

Trends Influencing Industrial Investments

Corona's market has seen a boost, particularly due to its favorable climate and robust economic environment, which fosters investments in industrial properties. A reference from CityFeet supports this notion, indicating that various industries, including beverage manufacturing and automotive products, thrive in the area, driven by logistical advantages. The average price per square foot for industrial properties in the region recently averaged around $296, demonstrating a steady interest from investors.

Prospects for the Future

As noted in industry analyses, the strength of investor confidence in the Inland Empire continues to rise, amid an overall robust demand for well-located industrial real estate. The completion of this transaction signifies not just a successful sale but also reflects broader trends within the commercial real estate market, particularly in areas like Corona where growth potential appears promising.

Industrial Real Estate

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02.03.2026

CapRock's 3.4 Million Square Foot Phoenix Campus: A Major Industrial Milestone

Update CapRock Partners Completes Phoenix's Largest Industrial Campus CapRock Partners has officially completed the second phase of its massive CapRock West 202 Logistics development in Phoenix, marking a significant milestone in the region's industrial real estate sector. With a staggering 3.4 million square feet, this campus stands as the largest speculative industrial complex in the Valley, showcasing the continued growth and development of Phoenix’s industrial market. Location and Specifications: A Strategic Advantage Situated on a prime 183-acre site, CapRock West 202 Logistics occupies a strategic position between Interstate 10 and Loop 202, just eight miles from downtown Phoenix and eleven miles from the international airport. The property features eight Class A buildings, including Phase Two's three new additions with a total of 825,000 square feet. These facilities are designed with modern specifications such as clear heights of 32 to 36 feet and ample parking space, catering to the needs of logistics and distribution businesses. Significant Leases and Market Demand Demonstrating the demand for such spaces, CapRock secured a notable lease with Amazon for Building C, the largest facility within the campus, which spans over 1.1 million square feet. The entire complex is already attracting other tenants, such as Peopleworks America Inc. and Knotwood USA, with the first phase projected to achieve 85 percent occupancy following multiple successful leases. Phoenix’s Booming Industrial Landscape The completion of this project reflects the broader trend in Phoenix’s industrial real estate market, which remains one of the most active in the United States. In 2025 alone, nearly 19.9 million square feet of industrial space was under construction in the area, highlighting Phoenix's status as a leading logistics hub driven by population growth and infrastructure development. Future Developments on the Horizon As CapRock continues to expand its local portfolio, it aims to develop additional properties across the Phoenix metro area to meet the ongoing demand for industrial space. This is not only beneficial for businesses in the area but also indicates a robust economic outlook for the region's real estate market in the coming years. In summary, the completion of CapRock West 202 Logistics is not just a landmark achievement for CapRock Partners but also a testament to the thriving industrial market in Phoenix. As businesses continue to seek out strategic locations for their operations, developments like these will play a critical role in shaping the future of the region's economy.

01.30.2026

Understanding New Jersey's Industrial Market Dynamics in 2026: Opportunities Ahead

Update New Jersey's Industrial Market: A Complex PictureAs of late November 2025, New Jersey's industrial market presents a fascinating mix of activity. With nearly 5.6 million square feet under construction, up from 1.9 million square feet last year, developers are ramping up efforts to meet rising demand. However, while the construction pipeline is growing, it remains below the national average, indicating that New Jersey is still navigating a landscape shaped by both opportunity and restraint.Investment Activity Remains StrongDespite a slowdown in deliveries, the state's industrial sales volume has soared to $2.5 billion this year, aligning closely with leading markets like Phoenix and Chicago. This boom in sales showcases New Jersey's strong positioning in the industrial sector, even as vacancy rates rise slightly. Indeed, average pricing reached an impressive $226.37 per square foot, the highest among peer markets, signaling sustained demand.Stabilization and Future OutlookAccording to various reports, New Jersey's industrial sector is experiencing marked stabilization after a challenging period characterized by spiking vacancy rates. The 'flight to quality' trend is evident as tenants favor Class A spaces, propelled by robust leasing activity. This preference for quality also stems from changing logistic needs that demand efficient, modern facilities. However, the market does face challenges, including lingering oversupply and broader economic uncertainties that could temper future growth.Implications for StakeholdersUnderstanding these dynamics is crucial for stakeholders, from developers to tenants. With competitive pressures increasing, thanks to a cautious approach from landlords focusing on occupancy, it's essential for investors to monitor conditions closely. Trends suggest that high-quality, well-positioned assets may stand the test of time even as older properties struggle to maintain tenant interest.The industrial landscape in New Jersey is undoubtedly evolving, and while challenges remain, the future looks cautiously optimistic. This period of adjustment presents opportunities for savvy stakeholders who can navigate the nuanced market as it stabilizes.

01.27.2026

Exploring BlackRock's $73M Investment in Industrial Real Estate

Update The Rise of Industrial Real Estate Investment The recent trade of a significant industrial asset exemplifies the dynamic shift in the industrial real estate sector. BlackRock and IDI Logistics' recent $73.2 million transaction for an 863,176-square-foot warehouse in Olive Branch, Mississippi, highlights the growing trend of institutional investors investing in industrial properties. With a booming e-commerce market and logistics needs expanding, industrial spaces are becoming increasingly vital in the commercial real estate landscape. Strategic Growth by BlackRock BlackRock, having acquired ElmTree Funds last year, demonstrates strategic growth through targeted investments. The new asset, within a sprawling 3.3 million-square-foot logistics center, has the potential for expansion, allowing ElmTree to enhance its portfolio significantly. This aligns with broader investment strategies aiming to capitalize on the demand for efficient logistics operations. ElmTree’s focus on acquiring net-leased industrial properties with long-term tenants signifies its commitment to stable, income-generating investments. Industrial Space: A Market Overview Memphis serves as a prime example of the shifting dynamics in industrial real estate. For the first 11 months of 2025, the metro area recorded sales of nearly 6.4 million square feet of industrial space. The average price per square foot at $58.7 starkly contrasts with the national average, which was reported at $134. This affordability positions Memphis as an attractive market for companies looking to establish or expand facilities without exceeding budget constraints. Future Trends and Considerations As more companies seek to improve supply chain efficiencies, the demand for industrial spaces is only projected to rise. The warehouse's specifications, including its accessibility to major transportation routes and the capacity to accommodate substantial fleet parking, give it a competitive edge. Beyond mere investments, companies should also consider tailored strategies that adapt to the evolving logistics landscape, particularly as lease agreements shift and tenant needs change. Conclusion: The Importance of Observing Industrial Trends The transaction between BlackRock and IDI Logistics is not just a financial move; it reflects significant trends within the industrial real estate sector. Investors should remain vigilant about the ongoing changes in asset demand and pricing in local markets such as Memphis. Understanding these trends will help real estate professionals, investors, and companies make informed decisions that can shape the future of their investments and growth strategies.

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