Chung Ung Kim Acquires Industrial Property In Inland Empire For $2.5M

The industrial property at 692 Parkridge Ave. in Inland Empire was sold for a price of $2,534,560. The property spans across 8,176 square feet, resulting in a price per square foot of $310. The transaction took place on 08/19/2022.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $2,534,560
• Address: 692 Parkridge Ave.
• Market: Inland Empire

The buyer of the property was Chung Ung Kim, while the sellers were Scott Whipple and John Gordon. The buyer was represented by Nathan Demosthenes and Joseph Lising from Cushman & Wakefield, while Brett Lockwood, also from Cushman & Wakefield, represented the sellers.