The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
February 21, 2024
 Search RENTV
 The REview
News Home Page
Southern California
Northern California
Pacific Northwest
Prop. Management
Press Releases
 R. E. Marketplace
Service Providers
Property Spotlight
 RENTV  Conferences
Subscriber Login:
Forgot Password?

Printer-friendly Version   Email an Associate
Clarion Partners and EBS Realty Partners Buy Colton Land for Industrial Development


Clarion Partners and OC-based investment firm EBS Realty Partners have teamed up in the purchase of a 19-acre industrial site in Colton for $61 mil. Located at 275 and 375 De Berry St, on the west side of I-215 at S. La Cadena Dr, the site is currently comprised of two vacant industrial buildings and a dirt lot.

The site is approved for the construction of a 412k sf warehouse that could be completed as early as Q3 2024. The property is adjacent to I-215, connecting Colton to the rest of the Inland Empire.

CBRE’s Darla Longo, Barbara Perrier and Eric Cox represented the seller, Newport Beach-based real estate investment firm Hager Pacific Properties, in the transaction.

“This project provided the buyer with an incredible opportunity to acquire one of the very few assets that is outside of the warehouse development moratorium in the Inland Empire,” said Longo. “Our team fielded many competitive offers, given the truly irreplaceable distribution location of this property.”

The Inland Empire industrial market is one of the tightest in the nation, with a vacancy rate of 0.5%.

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