JLL Capital Markets has successfully arranged $32.235 million in acquisition financing for the purchase of McGee Business Center I & II, a fully leased industrial portfolio spanning 231,696 square feet in Chino and Pomona. Led by Senior Director Peter Thompson and supported by analysts Kyle White and Nick Englhard, JLL worked on behalf of borrower Proficiency Capital LLC to secure a three-year floating-rate loan through a bank.
The two business parks that make up McGee Business Center are located in the Inland Empire West submarket. The first park is situated at 2300 S Reservoir St. in Pomona and consists of four buildings totaling 129,800 square feet while the second park is located at 12301-12395 Mills Ave. in Chino with five buildings totaling 101,896 square feet.
Conveniently positioned less than one mile from CA-60 with easy access to CA-71 (2.2 miles away) and Interstate 10 (approximately6 .7 miles north), these business parks offer prime location benefits for tenants.The properties were built between1981and1987and currently house71industrial suites averaging3 ,263squarefeet each.These spaces attracta diverse mixof local as well as regional tenants.
In recent news,JLL announcedthe successful acquisitionoftwo Inland Empire WestbusinessparksbyProficiency Capital LLC.
