Transwestern Acquires Development Site In Fontana For $13.5M

Transwestern has recently completed the sale of a development site in Fontana. The property, located at 8432 Almeria Ave, was sold for a total price of $13,454,550. The site spans approximately 230,000 square feet, resulting in a price per square foot of $58.

Summary of transaction details:

• Property Type: Development site
• Transaction Amount: $13,454,550
• Address: 8432 Almeria Ave
• Market: Fontana

The buyer in this transaction was Transwestern, with Larry Heard representing the company. The deal was facilitated by brokers Mike Kendall, Gian Bruno, Tom Taylor, Steve Bellitti, Scott Sanders, Joey Jones, and Matt Erickson.