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CVS Caremark Sells 344,872-SF Building

ONTARIO, CA-Inland Empire's west submarket is extremely tight with very few quality buildings of this size available for acquisition or lease, says a source.

By Natalie Dolce | Updated on December 18, 2013

ONTARIO, CA-GlobeSt.com has exclusively learned that AEW Capital Management LP has closed on an acquisition of a property from CVS pharmacy. The 344,872-square-foot industrial building at 1060 S. Wineville Ave. in Ontario, was previously occupied by CVS pharmacy for a distribution center.

CVS Caremark represented themselves, while Jones Lang LaSalle represented the buyer. According to an industry source, CVS sold the property because they opened a new distribution center next to their La Habra facility.

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