Building occupied by County of San Bernardino sold for nearly $13.5 million

By on July 9, 2020

A single-tenant building occupied by the County of San Bernardino has been sold.

The building, located at 265 East 4th St. in San Bernardino, has been sold for $13,450,000.

The 50,082-square-foot two-story building was built in 2009 and sits on 4.62 acres at the southwest corner of 4th Street and Waterman Avenue.

Hanley Investment Group represented both parties in the sell. The seller was a private investor based in Los Angeles whose name was not released. The buyer was The Krausz Companies, Inc. based in Irvine.

Waterman Avenue is one of the main trade area thoroughfares with more than 23,000 cars passing the site daily. Located within Southern California’s Inland Empire, the County of San Bernardino is the 14th most populous county in the United States and the largest in the country by geographic area.