Intersection Equities and Blue Vista Capital Management Acquire Riverside Industrial Park for $19.5M

Intersection Equities, LLC announces the acquisition of Riverside Business Park, a 122,000 square foot, industrial business park in Jurupa Valley, CA. The asset was purchased for $19.5 million. Barret Woods of Lee & Associates represented the Seller, Transition Properties, L.P., and Stefan Pastor of Stream Realty represented the Buyer, a new joint venture between Intersection Equities, LLC and an affiliate of Blue Vista Capital Management, LLC.

Riverside Business Park is a 122,000 square foot, multi-tenant business park comprised of 30 suites ranging in size from 1,500 to 11,000 square feet. The Property features a total of 30 drive-up doors and is positioned on 8.9 acres of land. The park is located directly along CA State Route 60 and is in close proximity to State Route 91 and Interstate 215.

The purchase of Riverside Business Park aligns with Intersection’s strategy of acquiring well-located industrial assets that offer significant value-add potential in core markets west of Denver.

“We acquired the property at a substantial discount to replacement cost and we will make strategic capital improvements focused upon enhancing the appeal of the project to current and prospective tenants”, said Intersection Senior Director of Acquisitions, Eric DeWees. “This is our fourth industrial acquisition and we’re excited to be doing it with a new partner in Blue Vista.”

Anton Myskiw from Intersection added, “This is a rare investment opportunity in a market we have been hoping to break into for some time. We are eager to begin executing our business plan and create an exceptional industrial asset on behalf of our new partnership.”

To learn more about this deal please reach out to Eric DeWees at [email protected] or Anton Myskiw at [email protected]

Natalie Baylon is the Marketing Coordinator at Intersection, providing strategic marketing expertise to support business objectives across company divisions. For general and marketing inquiries, please contact Natalie at [email protected]