Forbes Industries Sells Industrial Property In Ontario, CA For $56M. Stefan Pastor & Brad Yates - Stream Realty Partners Represented The Seller

Located at 1933 E. Locust St in Ontario, CA, this industrial property is the focal point of a recent closed transaction. The property spans approximately 106,000 square feet and was sold by Forbes Industries. The deal was facilitated by Stefan Pastor & Brad Yates of Stream Realty Partners. The transaction took place on September 19, 2022, with a sales price of $56,000,000, resulting in a price per square foot of $528.

Summary of transation details

• Property Type: Industrial
• Transaction Amount: $56,000,000
• Square Footage: 106,000
• Address: 1933 E. Locust St, Ontario, CA
• Market: Ontario, CA
• Seller: Forbes Industries
• Brokers: Stefan Pastor & Brad Yates - Stream Realty Partners

The sale of this industrial property exemplifies the thriving real estate market in Ontario, CA. Stefan Pastor & Brad Yates of Stream Realty Partners played a pivotal role as the brokers representing the seller, Forbes Industries. With their expertise and negotiation skills, they successfully closed the deal at a notable sales price of $56,000,000. This transaction is a testament to the strong demand for industrial properties in the area and the effectiveness of experienced brokerage teams.