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California  + Inland Empire  + Industrial  | 
Clarion Partners and EBS Realty Partners acquired a 19-acre industrial site in Colton, CA, approved for a 412,000-square-foot warehouse, for $61 million

Clarion Snaps Up Colton Site Outside Inland Empire’s Development Moratorium

Los Angeles-based real estate investment firm Clarion Partners and Orange County-based investment firm EBS Realty Partners acquired a 19-acre industrial site in Colton for $61 million. CBRE’s Darla Longo, Barbara Perrier and Eric Cox represented the seller, Newport Beach-based Hager Pacific Properties.

Located at 275 and 375 De Berry St., the site is currently comprised of two vacant industrial buildings and a dirt lot. The site is approved for the construction of a 412,000-square-foot warehouse that could be completed as early as the third quarter of 2024. The property is adjacent to I-215, connecting Colton to the rest of the Inland Empire.

“This project provided the buyer with an incredible opportunity to acquire one of the very few assets that is outside of the warehouse development moratorium in the Inland Empire,” said Longo. “Our team fielded many competitive offers, given the truly irreplaceable distribution location of this property.”

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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).

  • ◦Sale/Acquisition
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