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?



SOUTHERN CALIFORNIA NEWS
Printer-friendly Version   Email an Associate
Guthrie Development Picks Up Fullerton Industrial Property

3/28/17

Guthrie Development paid $7.75 mil for 4200 Bonita, a 64.3k sf ($120/sf), occupied industrial building in Fullerton. The property was sold by BI Technologies, an electronics parts supplier that had owned and occupied the facility. The tenant plans to lease back the building until June 2017.

The building is located on an oversized 208.7k sf, fully-improved lot, with a 5:1000 parking ratio. Guthrie plans to renovate the building and convert the excess parking to a large truck court and fenced yard. It is situated east of Harbor Blvd and north of Imperial Hwy.

“The infill warehouse / distribution market is red hot right now,” said Rob Guthrie, CEO of Guthrie Development. “With so much surplus land, this building is attracting interest from industrial, office, and institutional users.”

Zach Niles with JLL represented the buyer and seller 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