PPF INDUSTRIAL BUYS ONTARIO INDUSTRIAL BUILDING FOR $23.8M
ONTARIO, CALIF. — PPF Industrial LLC has acquired a 386,598-square-foot industrial building in Ontario for $23.8 million. The building is located at 1671 Champagne Ave.
The property is situated just east of Interstate 15 and south of Interstate 10 in the Inland Empire West industrial warehouse/distribution submarket. The area is serviced by the Union Pacific Railroad.
Notable tenants at the building include Precision Foam LLC, Pacific Urethane and Bericap LLC. The space was renovated and retrofitted in 2011.
Darla Longo, Barbara Emmons and Rebecca Perlmutter of CBRE’s Ontario office represented both the buyer and seller, CT Realty, in this transaction.