News Release: JUST SOLD – Inland Empire Medical Property Trades for $401 PSF

Chino Hills Professional Plaza in Chino Hills, Calif. (Photo courtesy of CBRE)

Chino Hills Professional Plaza in Chino Hills, Calif. (Photo courtesy of CBRE)

CBRE’s Investment Properties-So Cal team is pleased to announce the sale of a 40,041 square foot multi-tenant medical/office project located at 2140 Grand Avenue, Chino Hills, CA.  The sale price was $16,056,560 or $401 PSF.

Gary Stache, Mark Shaffer, Anthony DeLorenzo, Chris Bodnar, Lee Asher and John Oien of CBRE represented the seller, Stonecreek Company, in the transaction. The buyer was a private investor in a 1031 trade represented by an outside broker.

SPECIFICS OF THE TRANSACTION ARE AS FOLLOWS:

  • Multiple Offers
  • Offering Memorandum Downloads: 333
  • 1031 Buyer

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