A 9.87-acre site that the March Air Reserve in the Inland Empire has traded hands between Circle Development and the Carson Cos. The buyer plans to develop 210,000-square-foot industrial facility at the site, which will start construction this month.

The development site is fully entitled for the 210,000-square-foot industrial warehouse. The project is scheduled to deliver in mid 2020. It will feature 32-foot minimum warehouse clear height, 34 dock high doors, 2000 amps of power, ESFR sprinkler system, 7-foot slab and LED warehouse lighting.

NKF executive managing directors Ron Washle and Mark Kegans and managing director Dean Washle along with CBRE's Darla Longo and Barbara Perrier represented both the buyer and the seller in the deal.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.