An unnamed public REIT has sold the Corona Hills Marketplace in the Inland Empire for $31.5 million to a private investor. The nearly 150,000-square-foot property is anchored by a Vons, PetSmart and Howard's Appliances.
The property is located on 12.28 acres at 529-591 N. McKinley Street in Corona Hills. It is 98% leased.
The JLL Capital Markets managing director Gleb Lvovich, managing director Bryan Ley and director Daniel Tyner represented the seller.
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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.
