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California  + Inland Empire  + Industrial  |  September 30, 2021
6611 Arlington Ave Riverside CA
Lisa Brown
By: Lisa Brown

Buyer Targets Multi-Tenant Industrial for Leased Investment

A multi-tenant industrial building in Riverside recently sold for $3.85 million. The buyer intends to utilize the property as a leased investment.

The building, constructed in 1989, is located at 6611 Arlington Ave., encompasses 25,850 square feet and is on 1.67 acres.

Carey Pastor, senior vice president of Coldwell Banker Commercial SC, represented the buyer.

“The projected occupancy at the time of the property’s sale was at 100 percent, representing a rare value-add opportunity for the buyer in an extremely competitive marketplace,” said Pastor.

Read More News Stories About: Coldwell Banker Commercial
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Inside The Story

Carey Pastor

About Lisa Brown

Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM. In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.
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  • ◦Sale/Acquisition
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