Avison Young announces sale of 3.96-acre industrial site in Chino, CA22 Jun 2020
Irvine, CA – Avison Young has announced the sale of a 3.96-acre industrial site located at 3612 and 3638 Philadelphia Street in Chino, CA. The large land parcel includes two small buildings totaling 2,139 square feet (sf).
Avison Young Principal Alan Pekarcik and Senior Associate Chris Smith who are based out of the firm’s Orange County office along with Team Earnhart with Lee & Associates represented the Inland Empire-based buyer who will use the property for its growing construction business. Pekarcik and Smith also represented the seller, a Phoenix-based private investor.
“Our Avison Young team marketed this property at the beginning of the COVID crisis and we identified a buyer and closed on the transaction less than three months later,” said Smith. “There are very few land offerings in the Inland Empire that are ideal for small- to mid-sized users, therefore despite the crisis, we garnered a significant amount of interest.”
The property features a 975-sf building, a 1,164-sf building, a fully fenced yard and gated entry. It is well located less than one mile from the 60 freeway, is near the 10, 57 and 71 freeways, and is eight miles from Ontario International Airport.
Avison Young is the world’s fastest-growing commercial real estate services firm. Headquartered in Toronto, Canada, Avison Young is a collaborative, global firm owned and operated by its Principals. Founded in 1978, with legacies dating back more than 200 years, the company comprises thousands of real estate professionals in more than 100 offices around the world. The firm’s experts provide value-added, client-centric investment sales, leasing, advisory, management and financing services to clients across the office, retail, industrial, multi-family and hospitality sectors.
Avison Young is a 2020 winner of the Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for nine consecutive years.
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For more information:
• Darcie Giacchetto, Places Public Relations: 949.278.6224