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LBA realty Spends $37 Mil on Inland Empire Industrial Facility

8/10/23

LBA Realty purchased a 96.5k sf industrial building located on 4.7 acres of land in Fontana for $37 mil ($383/sf). The property, located at 16355-16381 Slover Ave, was sold by Newcastle Partners.

Newcastle completed construction of the building in June 2023. It features 12 dock doors and a generous 5.1k sf of office space. The project benefits from its proximity to the I-10, I-15, and Hwy 60.

CBRE and Colliers represented the seller in the transaction.




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