SAN BERNARDINO—Avison Young, Canada's largest independently-owned commercial real estate services company, has completed the $8 million sale of Three Carnegie Plaza in San Bernardino.
The 85,846-square-foot, two-story office building, located at 735 East Carnegie Drive, was built in 2005. It is situated on 1.07 acres, the building was 64% occupied at the close of escrow.
Avison Young Principals Dan Vittone and Alan Pekarcik, based in the company's Irvine office, represented the seller, Rancon Realty Fund V (a California limited partnership), as well as the buyers, 1250 Fairfax, LLC and 521 East 11th St., LLC (a 1031 exchange partnership).
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
