Monday , January 18 2021

Colton industrial park changes hands

A six-building industrial park in Colton has been sold.

La Crosse Business Park, 2273-2278 La Crosse Ave., sold for an undisclosed sum to an Orange County investor whose name was not disclosed, according to a statement.

Avison Young represented the buyer. NAI Capital represented the seller, a Los Angeles investor whose name also was not released.

Built in 1989, La Crosse Business parks cover 7.5 acres next to Interstate 215. It has 25 tenants and is more than 86 percent occupied, according to the statement.

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