NAI CAPITAL NEGOTIATES $4.15 MILLION INLAND EMPIRE INDUSTRIAL ACQUISITION

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COLTON, CALIF. — NAI Capital has arranged the $4.15 million purchase of a 290,047-square-foot industrial property located at 311 W. Citrus Ave. in Colton. The seller, Splash Properties LLC, leased back 110,000 square feet of the property for its stone-fabrication business. NAI Capital’s Nicholas Chang, Richard Lee and Francisco Camacho represented the undisclosed buyer, which will use the larger portion of the property for a food-processing facility, in the transaction. Lee & Associates represented the seller.

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