Chicago-based Molto Properties has closed on construction financing and broken ground for an 86,690-square-foot warehouse in Fontana. This project will be Molto’s fourth speculative project in the Inland Empire within the past five years.
11010 Banana Avenue in Fontana, CA, is located in the Southwest Industrial Park and will provide access to the major interstates of I-10 & I-15. The building will offer 32′ clear height, 6,700 square feet of two-story office, and a site plan with ample loading docks and auto parking.
The project broke ground in October of 2023 and is expected to deliver in the third quarter of 2024.
CBRE’s Josh Hayes will lead leasing efforts for the project. “I’m thrilled to be part of this state-of-the-art development in a submarket of the West Inland Empire that continues to defy expectations,” said Hayes. “With construction deliveries slowing, Molto is poised to complete into a tighter market.”