IE Business Daily Business news for the Inland Empire.
A mixed-use office and commercial project in Upland is up for sale.
Stewart Plaza, a nine-acre development on North Mountain Avenue, is available for $24.5 million, according to CBRE Group Inc.
The property, at North Mountain Avenue and Arrow Highway, consists of seven buildings on nearly 123,000 square feet of rentable space.
Tenants include Mimi’s Cafe and Century 21. The asking price works out to $200 per square foot.
Upland is one of six Inland Empire cities with one million square feet of office space. It’s office vacancy rate is currently 11.2 percent, the lowest of any of those communities, CBRE stated.
