STATER BROS. LOCATION TRADES FOR NEARLY $2 MILLION IN SAN BERNARDINO COUNTY

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COLTON, CALIF. — Commonwealth Sevenlen LLC has acquired a 26,455-square-foot retail building, located at 151 E. Valley Blvd. in Colton, for $1.99 million. The free-standing, single-tenant investment property is occupied by Stater Bros. through an absolute NNN lease. Colliers International’s Jereme Snyder and Bob Hoyt represented the seller, Vornado Realty Trust, in the transaction, and Hai Luong of Tendwell Realty represented the buyer.

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