MGR Property Management Acquires Office Building In Rancho Cucamonga For $3.75M

Located at 10737 Laurel St. in Rancho Cucamonga, this office property was recently sold in a closed transaction. The property, spanning 30,162 square feet, was sold for a price of $3,750,000, resulting in a price per square foot of $124. The transaction took place on November 30, 2020. This sale included a total of 17 units, with an average price per unit of $220,588.

Summary of transation details

• Property Type: Office
• Transaction Amount: $3,750,000
• Address: 10737 Laurel St. Rancho Cucamonga
• Market: Rancho Cucamonga
• Image: Michael G. Rademaker & Tony Hermosillo

The buyer in this transaction was MGR Property Management. The deal was facilitated by Michael G. Rademaker & Tony Hermosillo from MGR. They represented the buyer throughout the transaction.