Institutional investor drops $41M on San Dimas industrial park
An institutional investor acquired a 19-building light industrial park in San Dimas for $41 million. SRS Real Estate Partners arranged the sale of San Dimas Commerce Center, a 179,345-square-foot property at 410-490 West Arrow Highway, the company said in a news release. SRS’ Dave Faris and Richard Schwartz represented the seller, an entity called San Dimas BP LLC, in the transaction. The national institutional investor that purchased the property has not been publicly disclosed. The 10.5-acre property was 90 percent occupied at the time of sale and is divided into 19 individually parceled buildings, most smaller than 10,000 square feet. […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Yes, You Can Adjust Your Water Heater Temperature—Here’s Why You Might Want To
West LA home to Wine House on market at $15.5M
ELLE Decor Checks In: Le Grand Mazarin
8 Easy Ways to Unclog a Sink Without Calling a Plumber
The New Sense and Sensibility Makes Jane Austen’s World Moody and Wild
Diana Kellogg updates her Tribeca home using salvaged materials
Hilton & Hyland poach frames more flexible contract terms as recruiting flex
Is the Kitchen the New Living Room?
Lincoln Property unloads Irvine offices for double 2020 price
Housing exec pleads guilty to bilking $23M in homelessness funds
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
26895 Aliso Creek Rd, B-603, Aliso Viejo, California 92656, USA