Red Mountain Group Acquires Retail Property In Chino For $42.25M

Located at 11901-12089 Central Avenue in Chino, this retail property was recently sold. The property spans a total area of 168,264 square feet and was sold at a price of $42,250,000, resulting in a price per square foot of $251. The transaction took place on 05/09/2022.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $42,250,000
• Address: 11901-12089 Central Avenue, Chino
• Market: Chino

The buyer of this retail property is Red Mountain Group, represented by Michael H. Mugel. On the other hand, Pete Bethea, Rob Ippolito, and Glenn Rudy from Newmark acted as the seller's representatives.