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Birtcher Acquires San Bernardino Airport Development Site for $18M
Newport Beach, CA-based Birtcher Development LLC has acquired 20-acres of entitled land for approximately $18 million with plans in motion to develop a 406,710-square-foot distribution center at the site. Birtcher acquired the land from 6th Street LLC.
The parcel is located on 6th St. between Lankershim Ave. and Sterling Ave., just two blocks from a planned $200 million air cargo logistics center at the San Bernardino Airport, in a location with ready access to the 10, 60 and 215 freeways.
Birtcher anticipates breaking ground on the project in spring 2020, and construction is slated for completion in Q4 2020. The project architect is HPA Architecture of Irvine.
Eloy Covarrubias, Joe Werdein and Jeff Fritch of CBRE will handle the leasing assignment.
Darla Longo, Barbara Perrier, Rebecca Perlmutter, Brett Hartzell, Eric Cox, Eloy Covarrubias, Jeff Fritch and Joe Werdein of CBRE served as brokers on the acquisition.
For comments, questions or concerns, please contact Chris Egger
- ◦Sale/Acquisition
