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California  + Los Angeles  + Industrial  | 
CBRE arranged the sale of an R&D/flex building in San Dimas, CA that is fully occupied by Collins Aerospace, an aerospace and defense product supplier

Mission-Critical R&D/Flex Building Trades in San Dimas 

CBRE facilitated the sale of 960 Overland Court, a 79,036-square-foot R&D/flex building in San Dimas, to San Dimas CA LLC. Located at 936-960 Overland Ct., the two-story property is fully occupied by Collins Aerospace, an aerospace and defense product supplier and subsidiary of Raytheon Technologies. 

Mark Shaffer, Anthony DeLorenzo, Gerard Poutier, Bryan Johnson and Nick Williams with CBRE’s Investment Properties—California/Arizona/Nevada, along with Todd Tydlaska, Mike Longo, Melissa May Moock and Sean Sullivan with CBRE’s Institutional Capital Partners, represented the undisclosed seller. Terms weren’t disclosed. 

“In addition to serving as a mission-critical location for the tenant, the asset offers simplicity of ownership and secure cash flow,” said Shaffer. “New ownership inherits a future mark-to-market story with a high credit tenant who was in its previous location for 40 years. We saw competitive bidding from discerning capital given the redundancy of the asset’s secure/stable cash flow and future upside.” 

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CBRE's Shaffer

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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