November 6, 2020
Long Beach-based Harbor Associates acquired Stewart Plaza in Upland from an undisclosed private investor for $10.25 million. Located at 400 and 440 Mountain Ave., the 84,498-square-foot, multi-tenant office and medical office project is comprised of two three-story buildings.
The property features communal plazas and landscaped walkways connecting the two structures. The asset consists of suites ranging from 493 to 9,138 square-feet and was 56% leased at the time of sale.
CBRE’s Gary Stache, Sammy Cemo, Anthony DeLorenzo, Doug Mack and Bryan Johnson represented the seller in the transaction.
Stache says, “The property was one of the true value-add office opportunities in the market.”
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