MGR buys office building in Inland Empire’s sought-after market for $34M

A Class A office building in the Inland Empire is under new ownership after selling for above its pre-pandemic price.  MGR Real Estate acquired 901 Via Piemonte in Ontario, a suburb east of Los Angeles, for $33.8 million, L.A. Business First reported. The price amounts to $276 per square foot and an almost 15 percent increase from its last trade in 2018. Orange County-based Greenlaw Partners was the seller of the 122,600-square-foot office building, offloading it eight years after buying for $29.5 million.  The five-story building was constructed in 2008 and has 1,000 parking spaces on site.  Tenants include Bank […]

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