Marcus & Millichap Brokers Sell Pomona Development Site On N. Mills Ave For $4.2M

A development site located at 655 N. Mills Ave. in Pomona has been sold for a price of $4,200,000. The property spans 146,928 square feet, resulting in a price per square foot of $28. The transaction took place on 05/19/2022. The deal was facilitated by brokers Neema Ahadian and Iman Mossanen from Marcus & Millichap.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $4,200,000
• Address: 655 N. Mills Ave.
• Market: Pomona
• Total Square Footage: 146,928
• Price per Square Foot: $28
• Date: 05/19/2022

Neema Ahadian and Iman Mossanen from Marcus & Millichap represented the parties involved in the deal. The sale of the development site marks a significant transaction in the Pomona market.