CBRE Brokers $9.2M Sale Of San Bernardino Industrial Center For Birtcher Anderson & Davis And Belay Investment Group | 360-458 East Rialto Avenue | Nick Williams, Eric Cox, Sammy Cemo, Barbara (Emmons) Perrier, Bryan Johnson, Anthony DeLorenzo, Austin Reuland | Industrial | Sale

Summary

Sale

CALIFORNIA

Industrial

105,284 sqft

The San Bernardino Industrial Center, a nine-building industrial project located at 360-458 East Rialto Avenue, has been sold for $9.2 million. The property spans across 3 acres and offers a total of 52,642 square feet of industrial space. With a strong tenancy history and 97% occupancy rate, the property provides a stable cash flow and potential for growth as new ownership can bring in-place rents to market levels.

Summary of transaction details

Property Type: Industrial
Transaction Amount: $9,200,000
Market: San Bernardino
Address: 360-458 East Rialto Avenue
Acres: 3
SF: 52,642
Price per SF: $175

The sale of the San Bernardino Industrial Center was brokered by CBRE, with Anthony DeLorenzo, Austin Reuland, Barbara Perrier, Bryan Johnson, Eric Cox, Nick Williams, and Sammy Cemo representing the seller and buyer. The transaction was between Birtcher Anderson & Davis, represented by Arthur B. Birtcher, and Belay Investment Group, represented by Barry Chase.

Players

All
8

Agents
7
Agencies
1

$191M Sold

$562.7M Sold

$91.7M Sold

Barbara (Emmons) Perrier

$1.1B Sold

$308.2M Sold

Executive Vice President

$1.1B Sold

Austin Reuland

Senior Associate

$18M Sold

CBRE

Details

Deal Summary

SOLD

IMAGE: Arthur B. Birtcher, Sammy Cemo, Barry Chase, Eric Cox, Anthony DeLorenzo, Bryan Johnson, Nick Williams, Barbara Perrier & Austin Reuland DATE: 11/02/2023 ADDRESS: 360-458 East Rialto Avenue MARKET: San Bernardino ASSET TYPE: Industrial ~ ACRES: 3 SELLER: Birtcher Anderson & Davis - Arthur B. Birtcher; Belay Investment Group - Barry Chase BROKERS: Anthony DeLorenzo (@AnthonyDelorenzo), Austin Reuland (@AustinReuland), Barbara Perrier (@BarbPerrier), Bryan Johnson (@CallMeBryanJ), Eric Cox, Nick Williams & Sammy Cemo - CBRE (@CBRE) SALE PRICE: $9,200,000 SF: 52,642 ~ PPSF: $175 NOTE: CBRE has brokered the sale of the San Bernardino Industrial Center for $9.2 million, a nine-building industrial project. The property had a strong tenancy history with 97% occupancy, offering cash flow and growth potential as new ownership could bring in-place rents to market levels.

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Address360-458 East Rialto Avenue

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