The Korda Group Acquires Office Property In Pomona For $28.05M

The sale of an office property in Pomona has been completed at 901 Corporate Center Drive. The transaction involved an asset of 96,365 square feet, with a sale price of $28,050,000. The property was purchased by The Korda Group from Foremost Corporate, with the deal facilitated by brokers Kevin Shannon, Paul Jones, Ken White, Brunson Howard, Andrey Mindirgasov, and Brandon White of Newmark. The property's price per square foot was $291, reflecting the value of the transaction.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $28,050,000
• Square Footage: 96,365
• Address: 901 Corporate Center Drive
• Market: Pomona
• Buyer: The Korda Group
• Seller: Foremost Corporate
• Brokers: Kevin Shannon, Paul Jones, Ken White, Brunson Howard, Andrey Mindirgasov, and Brandon White - Newmark

The completion of this transaction signifies the successful transfer of ownership of the office property at 901 Corporate Center Drive in Pomona. The involvement of The Korda Group as the purchaser and Foremost Corporate as the seller highlights the active nature of the real estate market in the area. The coordination of brokers Kevin Shannon, Paul Jones, Ken White, Brunson Howard, Andrey Mindirgasov, and Brandon White from Newmark further facilitates the smooth execution of the sale.