Commercial Metals Sheds Rancho Cucamonga Parcel for $313M

Irving, TX-based Commercial Metals Company (CMC) recently completed its previously reported process to sell a large parcel in Rancho Cucamonga, CA. The gross proceeds from this transaction total $313 million.

CMC was represented in the transaction by JLL.

CMC and its subsidiaries manufacture, recycle, and fabricate steel and metals products, and provide related materials and services through a network of facilities that includes seven electric arc furnace (EAF) mini mills, two EAF micro mills, one rerolling mill, steel fabrication and processing plants, construction-related product warehouses, and metal recycling facilities in the United States and Poland.