Wednesday , April 24 2024
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Pomona office building sells

Foremost Cos. has bought a 100,000-square-foot office building in Pomona.

The structure, at 901 Corporate Center Drive, is part of the University Corporate Center business park, according to a statement.

Cost of the building, and the name of the seller, were not released.

The structure, which sits on 10 acres, is near Interstate 10 and the 57 and 71 Freeways. It changed hands in a cash transaction in December.

Tenants include state and Los Angeles County offices and a pharmaceutical company. Stonewood Properties Inc. in Newport Beach will manage the property.

Foremost Cos. is a land investment firm in Newport Beach. It purchases land in California and entitles it for commercial or residential use, according to the company’s website.

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