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LBA Lands Core Industrial Asset in Inland Empire for $20M
LBA Realty purchased a fully-leased industrial building totaling 155,109 square feet on nearly seven acres in Riverside, CA from AMA Plastics and Westfall Technik, Inc for $20.2 million. In conjunction with the sale, AMA Plastics agreed to a 10-year leaseback for the entire Class A core facility that serves as its headquarters.
Built in 2007, the state of the art facility at 1100 E. Citrus St. has exceptional industrial features including 32-foot clear height, a large secure truck court, a total of 16,000 square feet of high quality office space, heavy power, ESFR sprinklers, 12 dock high loading doors, and full drive-around access.
Cushman & Wakefield’s Jeff Chiate, Rick Ellison, Mike Adey and David Stefancic represented the seller.
Chaite says, “The facility is crucial to the tenant, as it serves as the company’s headquarters with more than 200 employees at this location.”
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition


