Seizing on an attractive off-market land acquisition opportunity, StoneCreek purchased a remnant freeway-adjacent parcel at a majoron-ramp to Interstate 215 in Moreno Valley, California. Cactus Freeway Center is immediately across I-215 from Meridian, LNR Properties’ 1,000 acre master-planned business park; this I-215 corridor is recognized as one of the strongest light industrial markets in all of Southern California. The site, in the planning stages, has recently been annexed to the City of Moreno Valley, allowing for a more favorable entitlement process. When completed, Cactus Freeway Center will provide small to medium-sized light industrial and service commercial buildings in a master-planned business park setting. The project is currently in its planning and entitlement process.