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Rich Weiss & Willis Fries Acquire Industrial Asset In San Bernardino For $74.05M

Property Image
SOLD
$74,050,000
Evan Moran
Ryan Sitov
+ 1

California

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Industrial340,080 SF
Sold 04/25/2024
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Property Image
SOLD

Rich Weiss & Willis Fries Acquire Industrial Asset In San Bernardino For $74.05M

4982 Hallmark Parkway

See Similar Deals
Industrial340,080 SF
Sold 04/25/2024
Evan Moran
Ryan Sitov
+ 1
Contact now

Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$217
Total Square Footage:340,080 SF
Transaction Type:Sale

The industrial property located at 4982 Hallmark Parkway in San Bernardino was sold for $74,050,000. The asset spans 340,080 square feet, resulting in a price per square foot of $218. The transaction took place between buyers Rich Weiss and Willis Fries from Dalfen Industrial and the seller, Bixby Land Company. The deal was facilitated by brokers Mark Detmer, Ryan Sitov, Evan Moran, and Patrick Nally from JLL.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $74,050,000
  • Address: 4982 Hallmark Parkway
  • Market: San Bernardino
  • Buyer: Rich Weiss & Willis Fries - Dalfen Industrial
  • Seller: Bixby Land Company
  • Brokers: Mark Detmer, Ryan Sitov, Evan Moran & Patrick Nally - JLL
  • Square Footage: 340,080
  • Price per Square Foot: $218

The transaction involved key individuals including Rich Weiss, Willis Fries, Mark Detmer, Ryan Sitov, Evan Moran, and Patrick Nally. Rich Weiss and Willis Fries represented Dalfen Industrial in the deal, while the brokers Mark Detmer, Ryan Sitov, Evan Moran, and Patrick Nally acted on behalf of JLL to facilitate the sale of the industrial property in San Bernardino.

Players

Ryan Sitov
12 deals$995.7M volume
BROKER

Mark Detmer
JLL
17 deals$1.1B volume
BROKER

Evan Moran
JLL
7 deals$612.1M volume
BROKER

Patrick Nally
JLL
8 deals$583.3M volume(919) 573-4649
BROKER

Details

SOLD
IMAGE: Rich Weiss, Willis Fries, Mark Detmer, Ryan Sitov, Evan Moran & Patrick Nally DATE: 04/25/2024 ADDRESS: 4982 Hallmark Parkway MARKET: San Bernardino ASSET TYPE: Industrial BUYER: Rich Weiss & Willis Fries - Dalfen Industrial SELLER: Bixby Land Company BROKERS: Mark Detmer (@MarkDDetmer), Ryan Sitov, Evan Moran & Patrick Nally - JLL (@JLL) SALE PRICE: $74,050,000 SF: 340,080 ~ PPSF: $218

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