Dunleer Snags Commercial Development Site in San Bernardino
Private real estate firm Dunleer has purchased a 4.6-acre land parcel on Cajon Boulevard in San Bernardino, CA for $2.3 million. It’s Dunleer’s 10th acquisition in the past 18 months in California and adjacent states. Han Widjaja Chen of Growth Investment Group represented the buyer and the seller in the transaction.
The firm plans to entitle the latest purchase for a commercial development. “Due to our extensive broker relationships, we were able to secure below-market pricing on this land parcel and are looking to add value to stakeholders by working through an entitlement process,” said Dunleer’s founder BJ Turner in a news release.
San Bernardino is among the nation’s top industrial markets. Since the start of the pandemic, the Inland Empire has experienced overwhelming demand from logistics users, which has translated to record leasing volume.
Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.