GUTHRIE BUYS AIRPORT DISTRIBUTION CENTER IN ONTARIO

by admin

ONTARIO, CALIF. — Guthrie Development Company and its private equity partner have acquired Airport Distribution Center, a 221,171-square-foot industrial park in Ontario, for a reported $20.2 million. The center is located at 1500, 1550, and 1590 Milliken Ave. The park contains three buildings and 30 units. The Class A space is 93 percent leased. The seller, Panattoni Development Company, was represented by CBRE’s Barbara Emmons, Darla Longo and Michael Kendall.

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