IE Business Daily Business news for the Inland Empire.
Two retail properties in Chino Hills have been sold for a combined $19 million.
Chino Hills Grand Plaza and Gateway Village were sold to separate buyers for their original asking prices, according to Hanley Investment Group Real Estate Advisors.
Hanley Investment represented the seller of both properties, VantageOne Real Estate Investments of Newport Beach.
Chino Hills Grand Plaza covers nearly 13,000 square feet located at 3410 Grand Ave. It’s fully leased and shares an entrance with The Shoppes at Chino Hills.
Its tenants include First Citizens Bank, Pacific Dental Services, It’s Boba Time, and Pick Up Stix. The property was purchased by a Burbank-based private investor whose name was not released.
Gateway Village is a 14,771-square-foot building at 3570 Grand Ave. Its two tenants – the building is fully leased – are Dunn-Edwards and Sit ’n Sleep, both national tenants. The buyer was a private investor based in Santa Clarita who also wished to remain anonymous.
