Saturday, March 31, 2012

Colliers International Completes 102,878-SF Industrial Investment Sale in Ontario, CA



ONTARIO, CA -- Clyde Stauff, senior executive vice president, and Ian DeVries, executive vice president of Colliers International represented the buyer Industrial Income Trust, Inc., a real estate investment trust based in Denver, and the seller The Caldwell Company in the $8,333,000 sale of a 102,878-square-foot distribution facility located at 5505 Concours Street (top left photo) in Ontario, Calif.

The class-A industrial facility included 65,572 square feet of cooler space.

“This transaction is indicative of the strong demand for leased class “A” industrial facilities in the West Inland Empire market,” Stauff said.

Contact:

Darcie Giacchetto, Spaulding Thompson & Associates, 949.278.6224

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