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8/29/17
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MAT Holdings Inc purchased a newly constructed Class A, 303.1k sf industrial building in Riverside for $28.2 mil ($93/sf). The property, located at 6975 Sycamore Canyon Blvd, was sold by Newport Beach-based Investment Building Group.
MAT Holdings, a privately held, globally diversified manufacturing, marketing and distribution company based in Long Grove, IL, was represented by Chicago area-based Interstate Tenant Advisors along with Brad Gilmer, a principal with Lee & Associates Orange. MAT Holdings, which plans to make this building its West Coast distribution center, relocated from Santa Fe Springs.
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