Thursday , June 13 2024
Breaking News
building sold

Industrial buildings change hands

A San Diego-based company has purchased nine industrial buildings in Chino for an undisclosed sum.

Westcore, an industrial real estate investment company, bought the structures in a portfolio purchase that included similar structures in Valencia in Los Angeles County and Livermore in Northern California, according to a statement.

The entire portfolio covers 3.5 million square feet, including the Chino buildings, which combined cover 1.4 million square feet. All are fully occupied.

The exact locations were not disclosed.

Since its founding in 2020, Westcore has acquired, managed, and sold more than 1,750 buildings that cover more than 150 million square feet and are worth an estimated $14 billion, according to the statement.

Check Also

Sold Stamp

Temecula industrial buildings part of portfolio sale

Two industrial buildings in Temecula that combined cover 166,000 square feet have been sold. The structures, …

Leave a Reply

Your email address will not be published. Required fields are marked *