LBA Realty Pays 7 a SF for Warehouse in California's Inland Empire

The deals keep coming in a Southern California industrial market that remains the hottest niche in an otherwise cooling national one.  Orange Count...

July 29, 2023
2:34 AM

The deals keep coming in a Southern California industrial market that remains the hottest niche in an otherwise cooling national one.  Orange County-based LBA Realty  acquired Newcastle Slover Logistics in the Inland Empire, according to data provided by Vizzda. Newcastle Partners sold the 95,600-square-foot space that was completed earlier this year for $37 million, or $387 per square foot.  The property was built over 4.6 acres this year at 16355 Slover Avenue at the intersection with Cypress Avenue in Fontana, Calif.

Greg Cornfield