Voit Directs $21.5 Million Sale of 138,081-SF Multi-tenant Industrial Park in Rancho Cucamonga, CA

Juan Gutierrez

Rancho Cucamonga, CA – Voit Real Estate Services is proud to announce that Juan Gutierrez, Senior Vice President out of Voit’s Ontario office, and Mike Bouma, Senior Vice President from Voit’s Anaheim office, successfully directed the $21,500,000 multi-tenant investment sale of a 138,081 square-foot industrial park in Rancho Cucamonga.

The Voit team represented the seller, Focus Real Estate Services, LLC, based out of Newport Beach.

The buyer, Teamrise International, based out of Pasadena, was represented by KMBJ, Inc.  

In just three years of ownership, Focus Real Estate Services implemented an aggressive renovation and marketing plan which stabilized rents and occupancy, adding a significant amount of value to the property. 

 With rent growth projected to continue and a low market vacancy, the  project is well positioned to provide the buyer excellent returns well into the future according to Bouma.

Mike Bouma

“We were very impressed with the comprehensive marketing efforts the Voit team put forth to identify a qualified buyer for the Arrow Business Park, and even more impressed by their continued diligence and involvement from the time the buyer was selected to the close of escrow,” commented one of the Partners with Focus Real Estate.

The property is located at 9007-9087 Arrow Route in Rancho Cucamonga, Calif.

CONTACTS:

Juan Gutierrez

 (909) 545-8008

jgutierrez@voitco.com 

Jessamyn J. Wilkinson | Director of Marketing

Voit Real Estate Services

2020 Main Street, Suite 100 | Irvine, CA 92614

T (949) 263-5314 | C (949) 929-7147

jwilkinson@voitco.com | www.voitco.com

Voit Real Estate Services, Broker License # 01991785

www.voitco.com.