February 22, 2016 Comments Off on IPT Acquires Logistics Center for $27.9M Views: 761 California News, Inland Empire

IPT Acquires Logistics Center for $27.9M

Industrial Property Trust (IPT) has acquired a leased-investment property for $27.9-million at 4472 Georgia Blvd. in San Bernardino. The 36-acre site serves as a regional logistics center for McLane Suneast Inc., one of the nation’s largest distributors of grocery, food products, and restaurant supplies.

Texas-based McLane Suneast will redeploy capital into its core supply-chain business, by leasing back the mission-critical, 297,458-square-foot asset  for seven years.

Colliers’ Mark Zorn and Bret Hardy represented Denver-based IPT. Collier’s Mark Zorn and Rick Putnam represented McLane Suneast, a wholly owned subsidiary of Berkshire Hathaway.

Connect with Colliers’ Hardy

Connect with Colliers’ Zorn

Connect with Colliers’ Putnam

Share on FacebookTweet about this on TwitterShare on LinkedInEmail this to someone

Tags: , , , , ,

Comments are closed.