 |
| Juan Gutierrez |
Ontario, CA – Frank Geraci, Executive Vice President,
and Juan Gutierrez, Vice President,
of Voit Real Estate Services’ Ontario office successfully directed the
$12,000,000 sale of a 197,000 square-foot industrial warehouse in San
Bernardino, on behalf of the buyer, Shaw Development Company.
The buyer plans on
repositioning the asset and putting it back on the market either for sale or
lease, according to Geraci, Executive Vice President in Voit’s Inland Empire
office.
“Our client was able to
purchase a well-located manufacturing building which was in the process of
being vacated as the Seller was moving their operations out of the State,”
commented Geraci.
“Our client was able to
see that the property had flexible uses, including manufacturing and
distribution along with excess land that could be used for either future
expansion or outside storage purposes.
“ In addition, our client
saw they could reposition the asset in order to meet the needs of users wanting
to own in a market where very few buildings are available for sale.”
The property is located at
5080 Hallmark Parkway in San Bernardino.
For questions, please
contact Juan Gutierrez at (909) 545-8008 or via email at jgutierrez@voitco.com.
For a complete
copy of the company’s news release, please contact:
Jessamyn J. Miller |
Director of Marketing
Voit Real Estate Services
2020 Main Street, Suite
100 | Irvine, CA 92614
T (949) 566-6422 | C (949)
929-7147
Voit Real Estate Services,
Broker License #01333376
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