Church Buys Industrial Buildings

CHINO, CA-Inland Community Church bought four industrial buildings at 5540-5560 Schaefer Ave. totaling more than 41,000 sf for nearly $2 million from Turner Development.

Bill Lowder of NAI Capital Commercial tells GlobeSt.com that the church had been leasing two of the buildings for 10 years and will now expand into all four. Its new facilities will include a sanctuary, a fellowship hall, classrooms and offices.

Lowder, who represented the church along with Dawn Lowder, says Inland Community expects to occupy the additional two buildings in summer 2003, after renovations that it will start when the two current tenants vacate the space. One tenant’s lease expires at the end of this year and the other in February.The four single-story, concrete tilt-up industrial buildings are all of identical size, 10,282 sf, and occupy 2.8 acres within Chino Industrial Park. They were built in the mid-1970s and had been owned by Turner since the mid 1980s.

Turner Development was represented internally by Christy Clow.