ONTARIO, CA-BlackRidge Real Estate Group LLC, a realty investment company, has acquired a distribution center spanning 302,020 square feet at 1000 Etiwanda Ave. in Ontario, CA, for $14.4 million, which translates to $48 per square foot.
The center, which is 100% leased to DCG Fulfillment, a third-party logistics provider, comprises two ground-level ramps, 43 dock-high loading doors and 6,900 square feet of office area. The Ontario office of CB Richard Ellis represented the owner, BIT Holdings Forty-Three Inc., in the deal. For the full story, go to Office & Commercial Real Estate Magazine.
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.