Stos Partners Acquires 139,000 SF Industrial Building in Jurupa Valley, CA for $19.8M
Stos Partners, one of the most active commercial real estate investment and management firms in Southern California, has acquired a 139,000 square-foot industrial asset in the Inland Empire submarket of Jurupa Valley, California from a private seller for $19.8 million.
The firm saw immense potential in the property based on the under-served demand for quality manufacturing space in the market, and quickly moved forward to negotiate a competitive purchase price. They will complete a capital improvement plan to modernize the building features and secure a manufacturing tenant.
The property is located at 10220 San Sevaine Way in Jurupa Valley, California.
Stan Nowak and Cody Lerner of Avison Young represented Stos Partners as the buyer in the transaction. The seller was also represented by Nowak and Lerner along with John Pinjuv.
About Stos Partners
Stos Partners is a privately held commercial real estate investment and management firm that invests in real estate directly and in partnership with high net worth and institutional investors. With a track record spanning over one billion in transactions to date, the firm targets the most competitive risk-adjusted returns in the marketplace through opportunistic acquisitions, strategic redevelopment, and ground-up development of both institutional and small-to-mid-cap commercial properties.
Headquartered in San Diego, California with an office in Orange County, California and Laredo, Texas, Stos Partners’ local expertise and longstanding relationships translate into the ability to source, capitalize and close transactions quickly and profitably. More information is available at www.stospartners.com.