Institutional Investor Snares San Dimas Light Industrial Park

SRS Real Estate Partners arranged the $41-million sale of San Dimas Commerce Center, a 19-building light industrial park located at 410-490 W. Arrow Hwy. in San Dimas. VP Dave Faris and EVP and senior managing principal Richard Schwartz represented the seller, San Dimas BP LLC. The buyer is an institutional investor with a national presence.

Situated on 10.54 acres, San Dimas Commerce Center totals approximately 179,345 square feet and was 90% occupied at the time of sale. It is leased to more than 70 local and regional businesses, including several long-term occupants.

“San Dimas Commerce Center offers the type of infill small-bay industrial product institutional investors seek but seldom have the opportunity to acquire,” said Faris. “The property combines diversified income from a broad tenant base with the long-term flexibility to sell individual buildings to owner-users. We built the marketing campaign around that optionality, and the strong response validated the strategy.”

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SRS Real Estate Partners' Faris

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).

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