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Last of Nine Buildings in Inland Empire Business Complex Brings $2.2 Mil

NEWPORT BEACH, CA-Built in two phases, all nine buildings at Turner Grove Business Park sold quickly after completion.

By Joel Cone | Updated on December 20, 2000

NEWPORT BEACH, CA-Turner Development Corp. has sold a 40,793-sf building in the Turner Grove Business Park in Ontario. The last of nine buildings in the 248,989-sf project, the building was sold to Grand View Glass & Metal of Chino for $2.2 million or $55 per sf.

“We are very pleased with how the market responded to this project,” says Rusty Turner, founder of Turner Development. “All nine buildings were either leased or sold within 120 days from completion. Most of the buildings were sold to small business owners and entrepreneurs who chose to own rather than lease.”

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