|
|
4/16/25
|
A 20.6k sf, two-story office building in Rancho Cucamonga was purchased by a local investor in a $6.28 mil ($305/sf) deal. The property, located at 9421 Haven Ave, offers immediate access to I-10, a variety of residential and retail amenities, and is a short distance from Ontario International Airport.
CBRE’s Sammy Cemo, Austin Reuland and Anthony DeLorenzo represented the seller, FJKC Investment LLC, in the transaction.
“This transaction underscores the increasing vacancy value in the Inland Empire West,” commented Cemo. “The market has experienced such incredible owner-user demand, but with limited occupancy opportunities, owners with a vacancy or upcoming vacancy are experiencing value premiums for their buildings."
According to CBRE research, Rancho Cucamonga has been one of the best-performing larger submarkets within the Inland Empire, with a Q1 2025 vacancy rate of 7.6%.
|
|
 Return to the Archive page
|
|
|
|
|
Printer-friendly Version
Email an Associate
