IE Business Daily Business news for the Inland Empire.
An industrial building in Ontario has sold for $12.9 million.
The building, at 3120 E. Mission Blvd., covers 103,376 thousand square feet on 5.8 acres, according to a stament released by CBRE.
Dermody Properties, a commercial real estate investment firm in Reno, was the buyer. The seller was The Safariland Group in Ontario, a supplier to police departments, including holsters, body armor and forensic equipment, according to the company’s website.
Both parties were represented by CBRE. Built in 1990, the stand-alone building was vacant when the transaction was completed
The property is less than four miles from Interstate 15, Interstate 10 and the 60 Freeway and within three miles of Ontario International Airport. The 30-year-old building has “a high percentage” of office space and 243 parking spaces, making it a potential headquarters site, according to the statement.
