Reus Colton LLC Acquires 9-Acre Industrial Site In Colton For $15.34M

The industrial development site at 2245 Valley Boulevard in Colton was successfully sold for $15.34 million. The nine-acre property was the subject of the transaction, which was acquired by Reus Colton LLC from the seller, 2245 Valley LLC. The site was previously earmarked for a 189,205 square foot industrial project.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: $15,340,000
• Address: 2245 Valley Boulevard
• Market: Colton
• Acres: 9
• Buyer: Reus Colton LLC
• Seller: 2245 Valley LLC

The buyer's intentions for the industrial development site at 2245 Valley Boulevard, previously designated for an industrial project, remain undisclosed.