Sierra Ridge Capital Buys Riverside industrial portfolio incl. (238,000 SF) in Los Angeles

Reported Sep 23, 2026 · Source: The Registry

Source: The RegistryRead the full report at The Registry ↗Also reported by JLL

Deal details

Buyer
Sierra Ridge Capital (equity from Pacific Properties Group)
Seller
Oxford Properties (per Bisnow)
Price
$44M
Size
238,000 SF
Price per SF
$185 per SF (our calculation)
Asset class
Industrial
Transaction
Sale
Sub-market
Inland Empire East (Riverside / Moreno Valley / Perris / San Bernardino)
Metro
Los Angeles (incl. OC & Inland Empire)
Reported date
Sep 23, 2026

Summary

Riverside industrial portfolio incl. 12000 Magnolia Ave and Hunter… is an industrial sale in Inland Empire East (Riverside / Moreno Valley / Perris / San Bernardino), Los Angeles. Other details we have: buyer Sierra Ridge Capital (equity from Pacific Properties Group); seller Oxford Properties (per Bisnow); price $44M; size 238,000 SF. JLL reports: “The collection features 12000 Magnolia Ave., a 132,800-square-foot, 100% leased multi-tenant facility built in 2018 with 30-foot clear heights, and Hunter Business Park at 1110-1130 Palmyrita Ave., comprising 105,673 square feet across 14 suites constructed in 1990 with 18-foot clear heights.”

Quoted from the article; the other facts come from our own deal listing.

Source: JLL (also covered this deal)

We could not open the original report at The Registry, so this account comes from another outlet that covered the same deal: JLL. What that article says:

  • Deal
    The collection features 12000 Magnolia Ave., a 132,800-square-foot, 100% leased multi-tenant facility built in 2018 with 30-foot clear heights, and Hunter Business Park at 1110-1130 Palmyrita Ave., comprising 105,673 square feet across 14 suites constructed in 1990 with 18-foot clear heights.
  • Buyer
    Institutionally owned 238K-SF, four-asset portfolio acquired by Sierra Ridge Capital
  • Seller
    Oxford Properties sells the four-asset portfolio to Sierra Ridge Capital and Pacific Properties Group

Article date: 2026-09-21T14:11:00Z

Quick answers

Who bought Riverside industrial portfolio incl. 12000 Magnolia Ave and Hunter…?
Sierra Ridge Capital bought Riverside industrial portfolio incl. 12000 Magnolia Ave and Hunter… in Inland Empire East, Los Angeles, according to The Registry.
How much did Riverside industrial portfolio incl. 12000 Magnolia Ave and Hunter… sell for?
The reported price is $44M ($185 per SF, our calculation), per The Registry.
How big is Riverside industrial portfolio incl. 12000 Magnolia Ave and Hunter…?
238,000 SF, as listed from the source.
When was this sale reported?
Reported Sep 23, 2026 by The Registry.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.