Oakmont Redlands Palmetto Ave., LLC, has sold a 266,850-square-foot industrial building in Redlands, Calif., for $20.4 million to a private investor.
The buyer was represented in the transaction by Stephen Calhoun of Colliers International.
The industrial property sold for $76.44 per square foot and is located at 26940 Palmetto Ave. It was vacant at the time of sale and Colliers is currently marketing the space for lease to big-box industrial users.
Address: 26940 Palmetto Ave., Redlands, Calif.
Size: 266,850 square feet
Filed Under: Industrial