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MONTCLAIR, CA-An adhesives manufacturer has purchased a Montclair industrial building in an investment acquisition valued at $2.1 million.

Carboline, which makes adhesives for use in distribution and warehouse operations, has procured the facility from Chase Montclair Partners. Encompassing 25,841 sf, the building is located at 5533 Brooks St.

Keith Wilson of Colliers Seeley International acted on behalf of Carboline. Chase Montclair Partners was represented by Dave Parker of Charles Dunn.

Investors continue to turn their attention to the Inland Empire industrial market, as this region boasts two key characteristics that are advantageous to industrial users of all size: low rental rates and a varied selection of new product. In fact, logistics specialist Pasha Group has recently chosen the region as the site of its proposed 700-acre distribution complex.

Northern California-based Pasha Group announced this week that it plans to start building the $50-million distribution complex, which will combine railroad yards, trucking facilities and air cargo capabilities, in about 14 to 18 months. The project will rise at Victorville’s 5,000-acre former George Air Force Base, now known as Southern California Logistics Airport.

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