CapRock Partners acquired 300 E. Arrow Hwy., a 165,070-square-foot single-tenant industrial building in San Dimas, on an all-cash basis from an undisclosed investor. Terms of the deal weren’t disclosed..
“The San Gabriel Valley plays a prominent role in Southern California’s logistics and warehousing sector, and today’s economic conditions are generating some terrific investment opportunities,” said Bob O’Neill, SVP of acquisitions at CapRock Partners. “We continue to pursue strategic investments such as this that meet our criteria and provide risk-adjusted returns for our institutional investors.”
300 E. Arrow Hwy. is fully leased to long-term tenant, Western Pacific Storage Solutions, a leader in the engineering and manufacturing of industrial storage solutions, shelving systems, and material handling. The company has occupied the space for its manufacturing operations since 2001.
The transaction was facilitated by CBRE’s National Partners team led by Barbara Perrier, Darla Longo and Rebecca Perlmutter.
The post CapRock Snaps Up Single-Tenant Industrial in San Gabriel Valley appeared first on Connect CRE.
CapRock Partners acquired 300 E. Arrow Hwy., a 165,070-square-foot single-tenant industrial building in San Dimas, on an all-cash basis from an undisclosed investor. Terms of the deal weren’t disclosed.. “The San Gabriel Valley plays a prominent role in Southern California’s logistics and warehousing sector, and today’s economic conditions are generating some terrific investment opportunities,” said Bob …
The post CapRock Snaps Up Single-Tenant Industrial in San Gabriel Valley appeared first on Connect CRE.
Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.
robert khodadadian, skyline properties, commercial real estate, off market real estate, daniel shirazi, real estate investment, new york real estate