TPA Group Acquires Solar Energy Supplier's Industrial Property In Fontana For $19.9M

TPA Group has acquired a 67,113-square-foot industrial property in Fontana, California for $19.9 million from Adam Chrisman's entity. The property, located at 8425 Almeria Ave., is currently occupied by solar energy equipment supplier SunEarth.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $19,900,000
• Address: 8425 Almeria Avenue, Fontana, California
• Market: Fontana
• Acres: 3

TPA Group, represented by Bradford Smith, successfully acquired the industrial property from Adam Chrisman. The property boasts a total square footage of 67,113 and was purchased at a price per square foot of $296. The acquisition of this industrial asset marks another milestone for TPA Group in expanding its real estate portfolio.