
Bixby, AXA Snag San Bernardino Industrial for $33M
Newport Beach, CA-based Bixby Land Company, in joint venture with AXA Investment Managers – Real Assets, acting on behalf of clients, acquired a vacant, 340,000 square foot, Class A, industrial building in San Bernardino, CA for $33 million. Located at 4982 Hallmark Parkway, this newly-built, Class A property is situated in one of the preeminent industrial markets in the nation.
Bixby’s Matt Ela says, “The Inland Empire Industrial Market is one of the strongest in the country. We believe that the quality and location of this asset will attract high caliber tenancy and will ultimately result in solid risk adjusted returns.”
Bixby was represented by HFF’s Andrew Briner and Michael Roberts. The undisclosed seller was advised by CBRE’s Erik Wanland and Jay Dick.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition