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**JLL Facilitates Sale of Newly Constructed Distribution Center in Fontana**
JLL Capital Markets has successfully arranged the sale of 11119 Juniper Avenue, a newly built Class A distribution center located in Fontana, California. The transaction was managed on behalf of REDA and a commingled fund overseen by Clarion Partners. Details regarding the buyer and the sale price were not disclosed.
The 436,424-square-foot facility is fully leased under a long-term agreement to Cencora—formerly known as AmerisourceBergen Drug Corporation—solidifying its role as a key player in the logistics and pharmaceutical distribution network.
The JLL Investment Advisory team responsible for the sale was led by Senior Managing Director Patrick Nally, Director Makenna Peter, and Senior Director Evan Moran. Leasing efforts were spearheaded by Managing Director Cody Clayton and Vice Chairman Patrick Wood. Additionally, the acquisition financing was arranged by JLL’s Debt Advisory team, which included Senior Managing Director Bruce Ganong, Senior Director Peter Thompson, and Director Taylor Gimian.
The sale marks the culmination of JLL’s extensive involvement in the project. The firm’s Inland Empire Markets leasing team initially orchestrated the land sale to REDA and its capital partner. After navigating a complex entitlement process, the team secured Cencora as the primary tenant. In the final phase, JLL’s Capital Markets team brought the project full circle with a successful disposition.
This transaction underscores JLL’s integrated capabilities in investment advisory, leasing, and debt placement within the industrial real estate sector.
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