Faropoint acquires Corona industrial facility for $21.5M

• JLL Capital Markets announced the $21.5 million sale of a fully leased 116,555 square-foot industrial facility at 725 E. Harrison St. in Corona, California.

• Faropoint acquired the Inland Empire West asset, securing a strategically located industrial property with a long-term tenant.

• The fully leased asset offers 2,500 amps of power and 27’ – 29’ foot clear heights, positioning it as a functional, hard-to-replicate facility within the Inland Empire West submarket.

LOS ANGELES, Nov. 12, 2026 – JLL Capital Markets announced today that it has arranged the $21.5 million sale of 725 E. Harrison St., a 116,555-square-foot industrial facility in Corona, California.

JLL represented the seller in the transaction. Faropoint acquired the asset.

Built in 1991 on a 5.87-acre site, the fully secured facility features 2,500 amps of power, 27’ – 29’ foot clear heights, seven dock positions with the ability to expand to nine dock positions, four grade-level doors and 125’ – 140’ foot truck court depths. The property also includes 222 auto parking stalls, and connectivity to Corona’s high-salinity Inland Empire Brine Line. The asset is fully leased to a long-tenured industrial tenant that serves the aerospace, automotive and medical industries.

Utilizing convenient access to California State Route 91, Interstate 15, and state routes 71 and 60 the property services Los Angeles, Orange, San Diego, Riverside and San Bernardino counties; connecting the facility to Southern California's broader freeway network and a regional population base of more than 25 million residents. The site also sits within reach of the Ports of Los Angeles and Long Beach, Los Angeles International Airport and Ontario International Airport, reinforcing its position within one of the nation's premier logistics and industrial corridors.

The Inland Empire continues to rank among Southern California's fastest-growing regions, supported by a diversifying employment base anchored by logistics, manufacturing and healthcare. Corona’s business-friendly policies, strong demographics, proximity to housing, labor and access to north Orange County are attractive relative to broader industrial inventory. This dynamic continues to draw institutional and private capital toward existing, well-located facilities like 725 E. Harrison St.

The JLL Capital Markets team was led by Director Makenna Peter. The JLL Markets leasing team included Executive Managing Director Luke McDaniel and Managing Director Hunter McDonald.

JLL’s Capital Markets group is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. The group has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

For more news, videos and research resources, please visit JLL’s newsroom. 

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Jones Lang LaSalle Americas, Inc. ("JLL") is a real estate broker licensed with the California Department of Real Estate, license #01223413. The JLL Capital Markets team included Makenna Peter (DRE Lic. #02131317).

JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of approximately 112,000 as of September 30, 2026. For over 200 years, clients have trusted JLL, a Fortune 500^® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com. 

Faropoint is a tech-enabled, vertically integrated real estate investment manager specializing in urban logistics within the US industrial sector. With approximately 120 employees, Faropoint leverages data and deep market relationships to address inefficiencies in the industrial real estate market. The firm operates in 16 key US markets, securing off-market deals through its extensive broker network and strong local presence. Since its inception in 2012, Faropoint has acquired over 600 warehouses and manages more than $4.9 billion in assets, including uncalled commitments. For more information, visit Faropoint.com.