The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
March 29, 2024
 Search RENTV
   Go!
 The REview
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?





LOS ANGELES COUNTY NEWS
Printer-friendly Version   Email an Associate
Pomona Industrial Property Gets New Owner in $6.8 Mil Deal

4/30/21

A 66.2k sf, multi-tenant industrial business park investment in Pomona was purchased for $6.75 mil ($102/sf) by a private investor. The property is located at 224-236 E Monterrey Ave and 201-225 N Palomares St, within the East San Gabriel Valley industrial submarket.

Built in 1980, the multi-tenant, single-story park features 34 units ranging in size from 800 sf to 2.8k sf. The property is situated in a central location along an excellent transportation corridor next to the 71 Fwy on the west, the 10 Fwy on the north, and 60 Fwy on the south. The building was 80% occupied at the close of escrow. The new owner plans to lease out the building and hold the asset as a long term investment.

Ryan Campbell, SIOR, with NAI Capital Commercial’s Investment Services Group represented the buyer in the transaction.





Return to the Archive page


 


 


 
 
 



Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2024 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media