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ONTARIO, CALIF. — Rexford Industrial Realty has purchased Safari Business Center, a 1.1 million-square-foot industrial park in Ontario, for $141.2 million. The park is located at 1910 S. Carlos Ave. Safari Business Center contains 16 Class A buildings that are 97 percent leased.
CBRE’s Darla Longo, Barbara Emmons Perrier, Rebecca Perlmutter Finkel and Michael Kendall represented the seller, ARA | American Realty Advisors, on this transaction. JLL’s Jeff Bellitti and Mac Hewett will serve as the center’s leasing agents, and assisted the CBRE team on the sale.