Harvill Logistics Center Receives Multiple Offers in $57M Sale

Rockefeller Group recently sold Harvill Logistics Center in Riverside County for $57.5 million. The new building which totals more than 300,000 square feet was acquired by CH/BDG Harvill LLC, a joint venture partnership between CH Realty Partners LLC and Blumenfeld Development Group.

One year ago, Rockefeller Group acquired 30 acres in Riverside County for the development of two projects totaling 623,109 square feet. The second project, a 289,556-square-foot speculative distribution building, Val Verde Logistics Center, was recently completed and is being marketed for lease or sale.

“The Inland Empire market continues to show strong demand heading into the third quarter of 2021 as evidenced by our sale of Harvill to a joint venture of CH Realty and Blumenfeld,” said James V. Camp, senior managing director, West region, for Rockefeller Group. “We received multiple offers on the property and are pleased that the joint venture has closed escrow on the purchase of the building.”

Bill Heim and Alex Heim of Lee & Associates represented Rockefeller Group in the sale. Tom Taylor and Steve Bellitti of Colliers represented the buyer. Herdman Architecture + Design Inc. designed the project and RM Dalton was the general contractor.