News Release: JUST SOLD – Medical Office Building Trades for $15.7 M ($390 PSF) in Chino Hills, CA

Chino Hills Crossroads Professional Center

Transaction Summary

CBRE’s Investment Properties-So Cal team is pleased to announce the sale of 3110 Chino Avenue located in Chino Hills, CA at a price of $15,700,000 ($390 PSF). The 40,279 SF medical office building was 95% leased at the time of sale.

Gary Stache, Anthony DeLorenzo, Doug Mack, Sammy Cemo and Chris Bodnar of CBRE represented the seller, StoneCreek Company. The buyer was a private buyer represented by an outside broker.

Several of our last transactions have involved 1031 exchange buyers paying premium pricing. If you would like us to advise you on how to maximize the value of one of your assets, please give us a call.

Gary Stache
Lic. 00773736
+1 949 725 8532
gary.stache@cbre.com

 

Anthony DeLorenzo
Lic. 01706686
+1 949 725 8425
anthony.delorenzo@cbre.com

 

Sammy Cemo | Inland Empire
Lic. 01958704
+ 1 909 418 2043
sammy.cemo@cbre.com

 

Doug Mack
Lic. 01804065
+ 1 949 725 8571
doug.mack@cbre.com

 

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