Faris Lee Brokers Sale of 42,119 SF Industrial Park in Rancho Cucamonga, California

by Amy Works

RANCHO CUCAMONGA, CALIF. — Faris Lee Investments has arranged the sale of Hermosa Technology Center, an incubator industrial park located at Hermosa Avenue and Sixth Street in Rancho Cucamonga. A private family office based out of Riverside County, Calif., sold the asset to a Los Angeles-based family office for $11.4 million, or $271 per square foot.

Nick Miller and Shaun Riley of Faris Lee represented the seller in the deal.

At the time of sale, the 42,119-square-foot property was fully leased.

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