IE Business Daily Business news for the Inland Empire.
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.
