Updated Sep 30, 2025
Brookfield Properties Acquires Industrial Property In West Inland Empire For $13.85M
11171 Venture Drive, Jurupa Valley, CA, USA
$13,850,000
$225/SF
Building Size
61,536 SF
Asset Type
Industrial
Closing
Aug 30, 2021
About this deal
AI
11171 Venture Dr. in West Inland Empire has been sold in an industrial transaction. The property, spanning 61,536 square feet, was sold for a price of $13,850,000, resulting in a price per square foot of $225. The sale took place on August 30, 2021.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $13,850,000
- Address: 11171 Venture Dr.
- Market: West Inland Empire
The buyer of the property was Brookfield Properties, while the seller was Jon Richards. The transaction was facilitated by Shy Assar and Mike Hefner from oitRealEstate.
Note: No further details were provided regarding the deal.
On the Map
$13,850,000
$225/SF
Industrial
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Players
Jurupa Valley Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.15%
Cash-on-Cash
-0.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93