Two free standing buildings sold to Opus Bank as QI for HBK Willow, LLC in Corona, California. The Lee Chang Group and a representative from the Newport Beach NAI Capital office, Andy Batcheller, represented the seller in this $4.675 million sale. The two buildings, located at 135 and 155 Klug Circle, and are sized at a combined 35,000 square feet. Both buildings are considered food buildings and have undergone extensive improvements.
This sale represents another satisfied client for the Lee Chang Group. The seller, Appa Valley Farms Real Estate Partnership was able to sell both properties to one buyer in a very short time and for a price that made both parties very happy.
The Lee Chang Group has a proven record for making quick sales for commercial properties within the Inland Empire. Their extensive network of local clients, as well as national and international clients has makes it easy for them to find the right buyer for any properties they represent.
In addition to representing sellers, the Lee Chang Group has developed an effective strategy for representing buyers, landlords and tenants who are seeking properties within the Inland Empire and surrounding areas. Their marketing and location strategies are designed to fit any size building or any need.
Properties within the Inland Empire continue to be in high demand. This demand is anticipated to grow even higher as more businesses convert into Internet based entities and need more warehouse space to manufacture or store and ship their products. With ample space available in the Inland Empire, and more construction taking place each day to meet the demands, businesses will continue to take advantage of commercial space in this area because of the cost-effective pricing and prime location to various forms of transportation.
This latest sale provide the buyer with two premium free standing buildings that were already equipped with much of the improvements that they needed to conduct their business. The structures also included a well landscaped appearance, 46 parking spaces, three dock high loading doors and one drive in dock area. The new owners anticipate very little improvements will be needed to the structures before they can begin their new operations.
Light Industrial Warehouse Sale
- Tenant/Buyer: RPM Investments, a division of Opus Bank as QI for HBK Willow, LLC
- Landlord/Seller: Appa Valley Farms Real Estate Partnership
- Property Type: Light Industrial
- Region: Inland Empire East
- County: Riverside County
- City: Corona, CA
- Property Size: 35,000 square foot
- Clear Ceiling Height: 24 ft
- Parking Spaces: 46
- Dock-High Doors/Loading: 3
- Drive In / Grade-Level Doors: 1
- Closest Freeways/Highways Exposure: Pomona Freeway (CA-60)
- Closest Ports: Port of Long Beach
- Value: $4,675,000
- Terms: sale
- NAI Capital, Lee Chang Group Agents: Richard Lee, Nicholas Chang
- NAI Capital Agent: Andy Batcheller – Orange County office
- Property Address: 135 & 155 Klug Circle