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JV Scoops Up Redevelopment Office Property

SAN DIMAS, CA—Stillwater Investment Group, Greenlaw Partners and an affiliate of Walton Street Capital buys Overland Court, a two-building office property, with major renovation plans, GlobeSt.com reports EXCLUSIVELY.

By Kelsi Maree Borland | Updated on March 03, 2015

SAN DIMAS, CA—A joint venture between Stillwater Investment Group, Greenlaw Partners and an affiliate of Walton Street Capital has acquired Overland Court from the National Credit Union Association for $18 million, GlobeSt.com learns exclusively. The joint venture plans to perform a “seven-figure” renovation on the property, a two-building, 173,500-square-foot class-A office campus located at 924 and 936-930 Overland Court in San Dimas.

“This was a good buy because of the location. It is surrounded by the 60, the 210 and the 10 freeways, so the access to the properties is very, very good,” Taylor Ing, a broker at Cushman & Wakefield tells GlobeSt.com. “These buyers are very well capitalized, and have done several other projects in the area, so they really know the marketplace and the risk factor.” Ing represented the buyers in the transaction, along with his Cushman & Wakefield colleagues Drew Sanden and Scott Maples. CBRE‘s Mark Perry, Carlene O’Neil, Kevin Duffy and Greg Nassir represented the seller in the transaction.

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