Updated Jun 24, 2026
GID Investment Advisors Acquires Fully Leased Industrial Project In Pomona For $30.2M
2665 Pomona Blvd Pomona, CA 91768, USA
$30,200,000
$289/SF
Building Size
104,492 SF
Asset Type
Industrial
Closing
Jul 21, 2023
About this deal
AI
Birtcher Anderson & Davis and Belay Investment Group have successfully sold a fully leased 104,492 sq ft industrial project located at 2665, 2671 & 2675 Pomona Boulevard in Pomona, CA. The prime last-mile location in the Inland Empire proved to be a valuable asset, resulting in a favorable exit for the sellers. The property was sold to GID Investment Advisors for $30.2 million, with a price per square foot of $289.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $30,200,000
- Square Footage: 104,492 sq ft
- Address: 2665, 2671 & 2675 Pomona Boulevard
- Market: Pomona
The sellers, Birtcher Anderson & Davis and Belay Investment Group, were represented by the CBRE brokers Darla Longa and Barbara Perrier. Their expertise and negotiation skills played a crucial role in the successful sale of this industrial project. The buyers, GID Investment Advisors, recognized the potential of the prime location and made a strategic investment in the Inland Empire.
Players
Los Angeles 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
0.53%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93