The property asset involved in the transaction is a 19.57-acre industrial site located at 517-629 South Benson Avenue in Ontario. It features 13 buildings totaling 50,000 square feet, reflecting the increasing demand for industrial outdoor storage (IOS) assets in the Inland Empire market.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not disclosed
• Acres: 19.57
• Square Footage: 50,000
• Address: 517-629 South Benson Avenue
• Market: Ontario
• Buyer's Representative: Chad Solomon - JLL
• Seller's Representatives: Gus Andros - Daum Commercial Real Estate Services; Alex DeCampo - Alliance Realty

The deal was facilitated by Chad Solomon, representing the buyer, a Texas-based truck-terminal operator. The seller was represented by Gus Andros from Daum Commercial Real Estate Services alongside Alex DeCampo from Alliance Realty. The transaction highlights the strategic advantages of the site's proximity to major highways and Ontario International Airport.