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Inland Empire Industrial Park Sells for Over $20 Mil

12/03/14

Ontario Pacific Business Center, a 246k sf biz park in the Inland Empire city of Ontario, recently sold for $20.18 mil, or $82/sf. The asset was purchased from MetLife by a private investor.

Located at 3919-3979 East Guasti Rd, west of Milliken Ave and south of I-10, Ontario Pacific Business Center features 22’ minimum clearance height, dock-high and ground-level loading and abundant surface parking. The property benefits from its proximity and immediate access to the Pomona (60), San Bernardino (10), Ontario (15) Freeways and is conveniently located near the Ontario International Airport.

CBRE Vice Chairman Darla Longo, Vice Chairman Barbara Emmons, Vice President Rebecca Pertmutter Finkel, Senior Vice President Bill Durslag, and Senior Vice President Michael Kendall represented both the buyer and the seller in the transaction.

“This multi-tenant distribution center is in an ideal location with prime access and freeway frontage on the 10 Freeway,” says Longo. “It’s also one of the few business parks in the region that offers both dock high and grade level loading in almost every unit.”





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