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Black Creek Sells Inland Empire Portfolio

Heitman Pays $125 Million for Industrial Properties
The 121,196-square-foot distribution building at 2036 Miguel Bustamante Parkway was built in 2017 on 7.5 acres in the Inland Empire's San Bernardino County. (CoStar)
The 121,196-square-foot distribution building at 2036 Miguel Bustamante Parkway was built in 2017 on 7.5 acres in the Inland Empire's San Bernardino County. (CoStar)
By Lauri Breeze
CoStar Research
February 16, 2021 | 10:22 P.M.

Chicago-based global real estate investment management firm Heitman purchased an industrial portfolio at 2163 S. Riverside Ave. and 2036 - 2053 Miguel Bustamante Parkway in Colton, California for $125 million from Black Creek Group.  Included in the sale was excess land with 74 spots for trailer staging at 2170 Miguel Bustamante Parkway.

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News | Black Creek Sells Inland Empire Portfolio