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Timur Tecimer Of Overton Moore Properties Acquires Industrial Warehouse In San Bernardino For $120M

Property Image
SOLD
$120,000,000
Jeffrey (Jeff) Cole
Jeff Chiate
+ 6

California

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Industrial525,756 SF
Sold
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Property Image
SOLD

Timur Tecimer Of Overton Moore Properties Acquires Industrial Warehouse In San Bernardino For $120M

890 East Mill Street

See Similar Deals
Industrial525,756 SF
Sold
Jeffrey (Jeff) Cole
Jeff Chiate
+ 6
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Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$228
Total Square Footage:525756 SF
Transaction Type:Sale

The industrial warehouse located at 890 East Mill Street in San Bernardino, which spans 525,756 square feet, has been sold for $120,000,000. The price per square foot for the transaction is $228. The asset is fully leased and features extensive facilities, including 192 dock-high doors, 771 trailer stalls, and 29 acres of excess land.

Summary of transaction details:

Cushman & Wakefield brokered the sale, representing the Brookfield-backed seller while securing acquisition financing for Overton Moore Properties through its debt group. The transaction reflects strong demand for large-scale logistics assets in the Inland Empire region.

Players

Brian Share
23 deals$3.8B volume(310) 595-2231
BROKER

Robert (Rob) Rubano
Hines
33 deals$6.1B volume
BROKER

Jeff Chiate
Cushman & Wakefield
38 deals$2.7B volume
BROKER

Rick Ellison
Cushman & Wakefield
23 deals$1.4B volume
BROKER

Jeffrey (Jeff) Cole
Cushman & Wakefield
22 deals$1.9B volume
BROKER

Aubrie Monahan
Cushman & Wakefield
10 deals$593.1M volume(949) 930-2476
BROKER


Matthew Leupold
Cushman & Wakefield
6 deals$630.8M volume(949) 930-9204
BROKER

BUYER

Brian Kingston
Brookfield Properties
41 deals$7.5B volume
SELLER

Details

SOLD
IMAGE: Timur Tecimer, Brian Kingston, Jeffrey Cole, Jeff Chiate, Rick Ellison, Matthew Leupold, Aubrie Monahan, Kristen Schottmiller, Brian Share & Rob Rubano DATE: 12/05/2025 ADDRESS: 890 East Mill Street MARKET: San Bernardino ASSET TYPE: Industrial BUYER: Timur Tecimer (@Timur_Tecimer) - Overton Moore Properties SELLER: Brian Kingston - Brookfield Properties (@BrookfieldProperties) BROKERS: Jeffrey Cole (@JeffCole49), Jeff Chiate, Rick Ellison, Matthew Leupold, Aubrie Monahan (@AubrieMonahan) & Kristen Schottmiller - Cushman & Wakefield (@CushWake) MORTGAGE BROKERS: Brian Share (@BrianShare) & Rob Rubano (@RobRubano) - Cushman & Wakefield SALE PRICE: $120,000,000 SF: 525,756 ~ PPSF: $228 NOTE: Cushman & Wakefield brokered the sale of the 525,756-sf industrial warehouse at 890 E Mill St. in San Bernardino, with its team representing the Brookfield-backed seller and Overton Moore Properties securing acquisition financing through C&W’s debt group. The fully leased cross-dock facility—featuring 192 dock-high doors, 771 trailer stalls and 29 acres of excess land—traded amid strong demand for large-scale Inland Empire logistics assets.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$6,400,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$426,334.65
Cash-on-Cash Return-1.27%
Monthly Debt Service$568,861.22
Annual Debt Service$6,826,334.65