Blog #pomona

• Perfect for Contractor Yard

• Light Industrial Uses

• Block Wall to be Built

• Fenced Yard

• Close to 10, 71 and 60 Freeways

Demand persisted in the San Gabriel Valley Industrial Real Estate Market in the 1^st Quarter of 2023.  Despite new construction coming on-line and slightly higher vacancy rates, functional space remains in short supply.  Direction on the other hand does feel like its shifting somewhat with a few rate reductions and concessions being made by landlords.  

The San Gabriel Valley Market benefits from the region's proximity to major ports, transportation infrastructure and a large population center.  E-commerce and logistics companies are driving much of the demand for industrial real estate, as they seek larger and more functional warehouses and distribution centers to support their operations.

Overall, the San Gabriel Valley industrial real estate market is expected to remain strong in the near term, with continued demand, although rising interest rates do seem to be having a slowing effect on the market.

• Fenced and Paved Yard

• Mobile Office

• Power and Water Available

• Close to 60, 71 and 10 Freeways

• Truck and Container Storage Possible

• ±1,500 SF Building• Fenced and Secured Yard

• Unincorporated San Bernardino County

• Close Proximity to 10, 71, and 60 Freeways

ZONING: M1

TERM: Two (2) Years

Truck Parking and Outdoor Storage Possible

Lease Rate $0.25 gross

Light Industrial Uses

Fenced and Partially Paved Yard

Close to 10, 71, & 60 Freeways

The San Gabriel Valley industrial market in the fourth quarter of 2022 continued to perform well with low vacancy rates and rising rents. In the 1st quarter of 2023, it is expected to continue this trend with growing demand for industrial space from various industries, such as e-commerce, logistics, and manufacturing. The San Gabriel Valley's strategic location, close proximity to the ports of Los Angeles and Long Beach, and excellent transportation infrastructure make it an attractive location for businesses. 

Overall, the San Gabriel Valley industrial market in the 4th quarter of 2022 remained strong, with ongoing demand and limited supply driving up rents and pushing down vacancy rates.

Pomona, January 27, 2023 - In a noteworthy achievement, Lee & Associates, a prominent national commercial real estate provider renowned for its regional expertise, recently concluded a significant sales transaction involving a sprawling 288,195 square foot industrial building situated at 2875 Pomona Boulevard, Pomona, California. This particular transaction stands out as the largest industrial real estate deal in Pomona for the entirety of 2022.

The successful negotiation was orchestrated by Ron Mgrublian from Lee and Associates Los Angeles – Long Beach, in collaboration with Ed Matevosian from CBRE, both representing the buyer, Hawk Eye Holdings, LLC. This strategic partnership and negotiation prowess resulted in the seamless sale of the substantial industrial property.

The industrial real estate landscape in the East San Gabriel Valley has proven to be robust, with vacancy rates maintaining historic lows at 1.1%. Notably, the average market sale price per square foot in this region is an impressive $307, further underscoring the significance and value of the transaction orchestrated by Lee & Associates.

This successful deal not only reflects the expertise and proficiency of Lee & Associates but also underscores the buoyancy of the commercial real estate market in Pomona. As the largest broker-owned firm in North America, Lee & Associates has consistently demonstrated leadership excellence for over 40 years. Operating across the U.S. and Canada, with a substantial presence in various states and provinces, including but not limited to California, Colorado, Arizona, Florida, and more, Lee & Associates boasts a network of over 1,300 brokers nationwide.

The firm's commitment to providing specialized commercial real estate services on a local, regional, and national level has solidified its position as a key player in the industry. Lee & Associates' successful negotiation of the 288,195 square foot industrial building sale in Pomona exemplifies their dedication to delivering outstanding results for their clients while contributing to the vibrancy of the commercial real estate market. .  

 More...

Despite slowing sectors, record demand continues to drive sale price and lease rate growth.

Continued low vancancy rates and strong demand fueled repeated increases in sales prices and lease rates in the San Gabriel Valley Industrial Real Estate Market.  Click below for full report.

AVAILABLE: ±22,982 SF (±0.53 Acres) of Land

ASKING RATE: See Brochure

ZONING: M1

TERM: See Brochure

• Fenced yard

• Light Industrial uses

• Close to 10, 71, & 60 Freeways

AVAILABLE: ±79,279 SF Land (±1.82 AC)

PRICE: $0.20 / SF Gross ($15,855.80 / Mo)

APN#: 1011-301-29-0000

TERM: 6 Months

ZONING: M1 

• Fenced Yard 

• 1,800 SF Building Included 

• Services Available (Water & Power) 

• Minutes Away From 10, 60, & 71 Freeways