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1/15/21
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In Rancho Cucamonga, an OC investor bought a 45.7k sf, fully occupied single-tenant industrial building located at 8767 Rochester Ave, within the Inland Empire West submarket, a thriving industrial hub providing users access to major freeways and the Ports of Los Angeles and Long Beach. The seller was a local investor.
The tenant is a China-based global logistics company specializing in ecommerce. Situated on nearly two acres and built in 1989, the property features 24’ clear height, eight dock high loading doors, and a small partial second floor office. Its location provides immediate access to the 10 Fwy at Milliken Ave and the 15 Fwy at Foothill Blvd or Fourth St.
Alan Pekarcik and Chris Smith with Avison Young represented the buyer, who was in a 1031 exchange. The seller was repped by Ryan Velasquez and Milo Lipson of Cushman & Wakefield.
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