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CORONA, CA-Master Fab Inc. has paid $1.6 million, or $81 per sf, for a build-to-suit located in Corona’s Wildrose Industrial Park.

The company, which specializes in custom fabrications, is moving to the single-story, class A industrial building from Ontario, where it recently completed a sale-leaseback of a 10,587-sf facility. Located at 9210 Stellar Ct., the newly acquired Corona facility is located on a 1.3-acre parcel that offers visibility from I-5. Encompassing 19,520 sf, the building houses both office and industrial space.

Kevin Chapin of NAI Capital Commercial represented Master Fab Inc. while Larry Null of Lee & Associates represented the seller, Ridge Properties LLC.

The deal helps the Orange County industrial market stay on pace toward 3.5 million sf of user sale activity, the average volume since 2000.

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