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Property Overton Moore Acquires Fully Leased San Bernardino Industrial Property

Property Overton Moore Acquires Fully Leased San Bernardino Industrial Property

JLL Capital Markets has successfully facilitated the sale of 19949 Kendall Dr., a premier Class A industrial building located in San Bernardino. The property, which spans over 104,500 square feet and is fully leased, was acquired by Overton Moore Properties for an undisclosed price. JLL’s expert team represented the sellers – Bixby Land Company and a global investment manager – while also securing the buyer.

Leading this transaction were senior managing directors Mark Detmer and Patrick Nally, managing director Ryan Sitov, and senior director Evan Moran from JLL’s Capital Markets Investment Sales and Advisory team. Additionally, executive managing director Kevin Mackenzie and senior managing director Brian Torp from JLL’s Debt Advisory team played key roles in this deal. The Inland Empire Markets Team was also instrumental in this successful sale with executive managing directors Mike McCraryand Patrick Wood as well as senior managing directors Ruben Goodselland Jeff Bellitti leading the way.

Built in 2008 on a spacious 5.07-acre lot,the property boasts impressive features such as30-foot clear heights,a secured truck court spanning140 feet with multiple access points,and an ESFR sprinkler system.Its current single-tenant lease adds to its appeal for investors looking to capitalize on prime industrial real estate opportunities.

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