THE CLAREMONT BIZ PARK SELLS FOR $8.7M

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CLAREMONT, CALIF. — The Claremont Business Park was sold to a private investor for $8,775,000. The business park was built in 1988. It is composed of five single-tenant buildings and one multi-tenant building for a total of 69,428 square feet. It is fully leased. Lee A. McCullough of Colliers’ Irvine, Calif., office represented the buyer. Bob Griffith and Steven Ward of Grubb & Ellis represented the seller, Claremont Business Park LLC.

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