Le Investment Group Successfully Closes Sale of 203,939 SF Industrial Portfolio
July 16, 2024 – Le Investment Group is pleased to announce the successful closing of a significant transaction, representing the seller in the sale of a prime industrial portfolio located at 1660-1880 Iowa Ave. Riverside, CA. The portfolio, totaling 203,939 square feet, was sold for $36,560,000, equating to $179.27 per square foot.
This sale underscores Le Investment Group’s continued expertise in the commercial real estate sector. The industrial portfolio comprises high-quality spaces ideally suited for a range of industrial uses, reflecting the robust demand in this market segment.
“We are proud to have facilitated this transaction, securing an excellent outcome for our client,” said Anthony Le, Managing Partner at Le Investment Group. “This sale highlights our commitment to delivering superior results and our ability to navigate the complexities of the commercial real estate market.”
Le Investment Group remains dedicated to providing top-tier service and achieving exceptional results for our clients. As we continue to grow and expand our portfolio, we look forward to more successful transactions in the future.
For more information about this transaction or other opportunities, please contact:
Anthony Le
Managing Partner
Le Investment Group
(909)256-7889
Anthony.le@leinvestmentgroup.com
About Le Investment Group
Le Investment Group, based in Rancho Cucamonga, California, is a full-service commercial real estate brokerage serving clients throughout California, covering the Inland Empire, Riverside County, San Bernardino County, Los Angeles County, San Diego County, Orange County, as well as all areas of Central and Northern California. Additionally, we facilitate out-of-state transactions. We are dedicated to providing commercial real estate services and representation for private and institutional clients. New and seasoned clients will find it valuable to consult with Le Investment Group concerning acquisitions and dispositions of multifamily, multi-tenant retail, single-tenant NNN, industrial, and hospitality assets.
