SAN BERNARDINO, CALIF. — Alere Property Group has acquired a 592,710-square-foot logistics facility in San Bernardino for $34.4 million. The newly constructed facility is located at 701 S. Arrowhead Ave. It sits adjacent to Interstate 215.
The facility is situated along the same corridor as Amazon’s new distribution center. The corridor is also home to other e-commerce and major national retailers. Notable neighbors include Hewlett-Packard, Home Depot, Kohls, Mattel, Pepsi, Smuckers, Becton Dickinson, FedEx, Kohler, Michelin, Pactiv Corporation, Pep Boys, Spectrum Brands, Stater Brothers and Unilever.
This area is known for its easy access to Interstate 15, as well as the Pomona (60), Riverside (91) and San Bernardino (10) freeways. It also enjoys direct access to the ports of Los Angeles and Long Beach, and to Ontario International Airport.
Alere was represented by Kevin McKenna of Colliers International. McKenna will also serve as the property’s exclusive leasing broker, along with CBRE’s Walt Arrington and Jeff Linden.