SOLDDevelopment Site
OCM Globe Inc Acquires 13.5 Acre Development Site In Chino For $42.35M
13610 Yorba Avenue
$42,350,000
$142/SF
Building Size
298,000 SF
Asset Type
Development Site
Closing
Jun 29, 2026
AI
The asset involved in this transaction is a development site located at 13610 Yorba Avenue in Chino. The site spans 13.5 acres and was transacted at a sale price of $42,350,000, which equates to $72 per land square foot.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $42,350,000
- Address: 13610 Yorba Avenue
- Market: Chino
- Acres: 13.5
- Price per Land Square Foot: $72
- Buyer: OCM Globe Inc
- Seller: Lovett Industrial
- Buyer's Representative: Kander Pacific
- Seller's Representatives: Jace Gan & Clyde Stauff - Colliers
Key individuals in this transaction include OCM Globe Inc as the buyer and Lovett Industrial as the seller. The buyer was represented by Kander Pacific, while the seller was represented by Jace Gan and Clyde Stauff from Colliers, facilitating the exchange of this significant development site.
Players
Market Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.37%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93