McKinley Group Acquires Shopping Center In San Bernardino For $20M

Located at 2002-2383 East Highland Avenue, this Shopping Center in San Bernardino, LA has recently been sold for $20,000,000. Spanning a total area of 159,000 square feet, the price per square foot comes to $125. The transaction took place on September 21, 2018.

Summary of transaction details

• Property Type: Shopping Center
• Transaction Amount: $20,000,000
• Address: 2002-2383 East Highland Avenue
• Market: San Bernardino, LA

The buyer of this shopping center was the McKinley Group, while the seller was Safco Capital. McKinley Group was represented by Max Wang and John Griffin, whereas Dixie Walker and Charley Simpson served as the representatives for Safco Capital.

It is worth noting that Safco Capital had previously purchased this property from Starwood Property Trust for $11.8 million, or $74.14 per square foot, back in May 2012, according to information from CoStar Group.