Rexford Industrial Acquires Industrial Property From Cabot Properties In Fontana For $70.1M

An industrial property located at 13201 Dahlia Street in Fontana, California, has been sold for a transaction amount of $70,100,000. The asset encompasses a total area of 278,650 square feet, resulting in a price per square foot of approximately $252.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $70,100,000
• Address: 13201 Dahlia Street
• Market: Fontana
• Square Footage: 278,650
• Price per Square Foot: $252
• Buyer: Rexford Industrial
• Seller: Cabot Properties
• Brokers: Evan Moran, Hunter McDonald, Jeff Bellitti, Mark Detmer, Mike McCrary, Patrick Nally & Ruben Goodsell - JLL

JLL Capital Markets was integral in arranging the sale, with the deal facilitated by Mark Detmer and Patrick Nally from JLL. The property was fully leased to an affiliate of Eaton at the time of the transaction.