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Montclair Industrial Portfolio Trades for $7.2M

Rexford Industrial purchased the six-building, Benson Commerce Center at 8900-8980 Benson Ave. in Montclair, CA for $7.15 million, or about $82 per square foot, from Benson Equities LLC.

Built in 1975, the business park totals 87,156 square feet on 5.2 acres at the southwest corner of Benson Ave. and 8th St. in the West San Bernardino County submarket. The asset was 84 percent leased at the time of sale.

 

via Inland Empire Commercial Real Estate News From CoStar Group http://seattle.costargroup.com/News/Article/Montclair-Industrial-Portfolio-Trades-for-$72M/148853?ref=/News/Article/Montclair-Industrial-Portfolio-Trades-for-$72M/148853&src=rss

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