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12013 Central Avenue
SOLD

Red Mountain Group Acquires Retail Property In Chino For $42.2M

12013 Central Avenue

Retail
168,264 SF
clock iconSold 1 year ago
Rob Ippolito
Pete Bethea
Glenn Rudy
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Summary

Sale
CALIFORNIA
Retail
168,264 sqft

Red Mountain Group has acquired a retail property located at 12013 Central Ave. in Chino. The property spans 168,264 square feet and was sold for a total of $42,200,000, resulting in a price per square foot of $250. The deal was facilitated by brokers Pete Bethea, Rob Ippolito, and Glenn Rudy from Newmark.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $42,200,000
  • Address: 12013 Central Ave., Chino
  • Market: Chino
  • Buyer: Red Mountain Group
  • Brokers: Pete Bethea, Rob Ippolito, and Glenn Rudy - Newmark

Rob Ippolito, Pete Bethea, and Glenn Rudy from Newmark represented Red Mountain Group in this transaction.

Players

  • All

    4

  • Agents

    3

  • Agencies

    1

Rob Ippolito's profile picture
Rob Ippolito
Newmark-image
Senior Managing Director
$400.1M Sold
Pete Bethea's profile picture
Pete Bethea
Newmark-image
Vice Chairman
$449M Sold
Glenn Rudy's profile picture
Glenn Rudy
Newmark-image
Managing Director
$455.1M Sold
Newmark's profile picture
Newmark
Newmark

Details

Deal Summary
minus icon
SOLD
IMAGE: Rob Ippolito, Pete Bethea & Glenn Rudy DATE: 05/11/2022 ADDRESS: 12013 Central Ave. MARKET: Chino ASSET TYPE: Retail BUYER: Red Mountain Group BROKERS: Pete Bethea, Rob Ippolito & Glenn Rudy - Newmark (@Newmark) SALE PRICE: $42,200,000 SF: 168,264 ~ PPSF: $250

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Address12013 Central Avenue

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