print header

# 1 Commercial Real Estate Information Company

  • Find Properties 
  • Market Properties 
  • Analyze Properties 
Products
Commercial Real Estate News

Industrial Building Sells for $94.2M in Rialto

LPT Acquires Building in I-210 Logistics Center III
January 30, 2018
Liberty Property Trust acquired the industrial building at 1221 Alder Ave. in Rialto, CA for $94.2 million, or about $134 per square foot, from Panattoni Development Company, Inc.

The Class A building sits on 32.1 acres in the I-210 Logistics Center. The single-story, 702,668-square-foot building was constructed in November 2017 by Panattoni. The newly-developed distribution facility was fully leased by Lifetime Brands, Inc. at time of the investment sale.

Darla Longo, Barbara Emmons Perrier and Eric Cox with CBRE represented the seller. The buyer handled the sale in-house.

Please see CoStar COMPS #4104658 for more information on this transaction.
GET IN TOUCH        Contact CoStar News Team:   News@CoStar.com

 Find us on 

Welcome To CoStar's
Industry-Focused,
Award-Winning News

Winner of three Journalism Awards from the National Association of Real Estate Editors (NAREE)

Award-Winning News