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3.9-Acre Chino Land Sale Completed for Planned Senior Dev
Coldwell Banker Commercial Advisors (CBC Advisors) brokered the sale of 3.9 acres of land at the northeast corner of Walnut Ave. and Central Ave. in Chino, CA for $3.1 million on behalf of the Borba Family Trust. The property will be developed by an unnamed Southern California-based buyer with plans to launch construction on a senior housing project in mid-2018.
CBC Advisors’ Daniel Richards represented the seller in the transaction.
Richards says, “We spent almost three years working with city staff having this land re-zoned and approved for 72 units of senior housing. We’ve worked with this particular family trust for over 15 years brokering various assets for them and it was a pleasure to represent them in this transaction.”
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Development
- ◦Sale/Acquisition


