High-rise commercial buildings

Sub Markets

Property Sectors

Topics

California CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New call-to-action
California  + Inland Empire  + Finance  | 

Proficiency Capital Acquires Two Inland Empire West Business Parks

JLL Capital Markets arranged $32.235 million in acquisition financing for McGee Business Center I & II, a fully leased 231,696-square-foot industrial portfolio located in Chino and Pomona. Senior director Peter Thompson and analysts Kyle White and Nick Englhard worked on behalf of the borrower, Proficiency Capital LLC, to secure the three-year, floating-rate loan through a bank.

McGee Business Center comprises two business parks located in the Inland Empire West submarket. Business Park I, located at 2300 S Reservoir St. in Pomona, includes four buildings totaling 129,800 square feet. Business Park II at 12301-12395 Mills Ave. in Chino includes five buildings totaling 101,896 square feet.

The business parks are less than a mile from CA-60, providing access to CA-71 2.2 miles away and Interstate 10 approximately 6.7 miles to the north. Constructed in 1981 and 1987, the property features 71 industrial suites averaging 3,263 square feet, with a diverse mix of local and regional tenants.

Read More News Stories About: JLL
Connect

Inside The Story

JLL's Thompson

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
  • ◦Financing
New call-to-action
New call-to-action
New call-to-action