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California  + Inland Empire  + Industrial  | 

Colliers Closes Fontana Industrial Sale for Transwestern Development

Colliers completed the $76.8-million sale of a newly constructed Inland Empire West Industrial asset, Almeria Logistics Center. Cabot Properties acquired the 236,129-square-foot property located at 8300 Almeria Ave. in Fontana from seller and developer Transwestern Development Company. It’s fully leased through 2027 to LC Logistics Services.

Colliers’ West Industrial Capital Markets Team, comprised of vice chair Michael Kendall, SVP Gian Bruno, VP Kenny Patricia and associate Kylie Jones, in partnership with vice chairs Thomas Taylor and Steve Bellitti and EVPs Joey Jones and Scott Sanders, marketed the property and led the disposition and acquisition process.

“Even through current market turbulence, Almeria Logistics Center generated a high volume of demand from institutional capital, which is a testament to the strong conviction of Cabot and many of their peers in Southern California’s industrial market over the long term,” said Kendall. “Due to the quality product, location, and tenancy, interest was high, and we’re thrilled with the outcome.”

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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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