CBRE has successfully facilitated the sale of Serrano Industrial Park, a premier industrial complex in Jurupa Valley. The three-building park spans over 332,725 square feet and was sold for $86 million to Miramar Capital. CBRE National Partners’ Joe Cesta, Darla Longo, and Erik Wanland represented the seller PreZero.
According to Cesta, Serrano Industrial Park presents an exceptional investment opportunity with its modern buildings that cater to current leasing demands and offer high-power capabilities in the thriving Inland Empire region. Despite challenges faced by the overall industrial market in this area, there is still strong demand for facilities that can accommodate manufacturing tenants requiring heavy power.
The Class A manufacturing buildings are located at 4350, 4388 and 4420 Serrano Dr., boasting top-notch institutional quality features such as 28 dock-high doors and three grade-level doors each. They also have impressive clear heights ranging from 30-32 feet along with heavy power capabilities and fully secure concrete truck courts.
Strategically situated in West Inland Empire region of California’s bustling economy; these properties offer easy access to State Route (SR)60 as well as Interstate (I)15 highways which connect them directly to San Pedro Bay Port complex – one of North America’s largest seaports handling international trade – just seven miles away from Ontario International Airport making it a prime location for businesses looking for convenient transportation options.
