Chang Investment Group Acquires San Bernardino Office For $16M

The property involved in the transaction is an office located at 295 East Caroline Street in San Bernardino. The sale price for this asset was $16,000,000 with a total square footage of 87,123, resulting in a price per square foot of $184.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $16,000,000
• Address: 295 East Caroline Street
• Market: San Bernardino
• Buyer's Rep: Steve Chang - Chang Investment Group of KW Commercial
• Seller's Rep: Matt Burnett & Kevin Fryman - Hanley Investment Group; Brandon Beauchemin - CBRE

The key individuals and companies involved in the deal were Steve Chang from Chang Investment Group of KW Commercial representing the buyer, and Matt Burnett and Kevin Fryman from Hanley Investment Group along with Brandon Beauchemin from CBRE representing the seller.