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Colton Real Estate Ventures Acquires Industrial Property In Colton For $29.7M

1901 West Center Street
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This Industrial property located in NY was sold for $29,704,000 over 3 years ago. The brokers of the deal were Marc Schillinger, Eric Boucher, and Keith Rosso

A 232,200 square foot industrial property located at 1901 W. Center Street in Colton has been sold for a price of $29,704,000. The transaction took place on September 2, 2020. The property was acquired by Colton Real Estate Ventures from Hillwood Development. The asset was marketed in the Colton market.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $29,704,000
  • Square Footage: 232,200
  • Price per Square Foot: $127
  • Seller: Hillwood Development
  • Buyer: Colton Real Estate Ventures
  • Brokers: Marc Schillinger, Keith Rosso, and Eric Boucher - JLL; Corey Spound - Tamarack Real Estate Services

The deal was facilitated by brokers Marc Schillinger, Keith Rosso, and Eric Boucher from JLL, along with Corey Spound from Tamarack Real Estate Services. These individuals represented the respective parties involved in the transaction.

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Deals
  • Location
    1901 W Center St, Colton, CA 92324, USA1901 W Center St, Colton, CA 92324, USA
  • Sale Price
    $29,704,000$29,704,000
    $12 PPSF$12 PPSF
  • Area
    2,322,000 SF2,322,000 SF
  • Asset Type
    IndustrialIndustrial
  • Parties
    3 Brokers, 2 Agencies3 Brokers, 2 Agencies

Agents

Marc Schillinger

Marc Schillinger

Deals20
Financed$723.9M

Keith Rosso

Keith Rosso

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Financed$344.1M

Eric Boucher

Eric Boucher

Deals3
Financed$237.8M

Agencies

JLL

JLL

Agency
Deals5591
Volume$332.6B

Berkadia

Berkadia

Agency
Deals1097
Volume$45.7B

Deal Summary

SALE IMAGE: Marc Schillinger, Keith Rosso, Eric Boucher & Corey Spound DATE: 09/02/2020 ADDRESS: 1901 W. Center Street MARKET: Colton ASSET TYPE: Industrial PRICE: $29,704,000 SF: 232,200 PPSF: $127 SELLER: Hillwood Development BUYER: Colton Real Estate Ventures BROKERS: Marc Schillinger, Keith Rosso & Eric Boucher – JLL, Corey Spound – Tamarack Real Estate Services

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1901 West Center Street

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