North Palisade Partners acquires the 11-acre development site
Los Angeles, Calif., March 11, 2022 – Colliers today announced the recent sale of an 11.04-acre industrial property located at 2000 Pomona Boulevard in the Pomona Valley. Representing the buyer North Palisades Partners, Senior Executive Vice President Clyde Stauff and Vice President Jace Gan negotiated with the private family seller to reach a final sale price of $43,500,000.
“We are thrilled with how this deal transpired,” said Jace Gan. “North Palisades Partners are an incredible team to work with and, collectively, our agile approach in navigating the transaction proved successful. Ultimately, our clients acquired a unique industrial asset providing them with excellent potential for future development.”
Situated on Pomona Boulevard and North Humane Way, the property is adjacent to Highway 71, offering immediate commuter access and prime freeway visibility. A low coverage opportunity for North Palisades Partners, the property holds potential for a high-quality logistics yard.
Clyde Stauff and Jace Gan specialize in selling and leasing “big-box” industrial facilities and industrial land throughout the greater Los Angeles area. Both professionals are skilled in development planning, lease and investment analysis, and disposition strategies.
Media Contact:
Leanne Daly
PR & Communications Specialist | Southwest
Leanne.Daly@colliers.com
760-930-7941
Bryan Welch
PR & Communications Manager | Southwest
Bryan.Welch@colliers.com
801-453-6819
About Colliers
Colliers is a leading diversified professional service and investment management company. With operations in 66 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to real estate occupiers, owners, and investors. For more than 25 years, our experienced leadership with significant insider ownership has delivered compound annual investment returns of almost 20% for shareholders. With annualized revenues of $3.3 billion ($3.6 billion including affiliates) and $45 billion of assets under management, we maximize property's potential and accelerate the success of our clients and our people. Learn more at corporate.colliers.com, Twitter @Colliers, or LinkedIn.
“We are thrilled with how this deal transpired,” said Jace Gan. “North Palisades Partners are an incredible team to work with and, collectively, our agile approach in navigating the transaction proved successful. Ultimately, our clients acquired a unique industrial asset providing them with excellent potential for future development.”
Situated on Pomona Boulevard and North Humane Way, the property is adjacent to Highway 71, offering immediate commuter access and prime freeway visibility. A low coverage opportunity for North Palisades Partners, the property holds potential for a high-quality logistics yard.
Clyde Stauff and Jace Gan specialize in selling and leasing “big-box” industrial facilities and industrial land throughout the greater Los Angeles area. Both professionals are skilled in development planning, lease and investment analysis, and disposition strategies.
Media Contact:
Leanne Daly
PR & Communications Specialist | Southwest
Leanne.Daly@colliers.com
760-930-7941
Bryan Welch
PR & Communications Manager | Southwest
Bryan.Welch@colliers.com
801-453-6819
About Colliers
Colliers is a leading diversified professional service and investment management company. With operations in 66 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to real estate occupiers, owners, and investors. For more than 25 years, our experienced leadership with significant insider ownership has delivered compound annual investment returns of almost 20% for shareholders. With annualized revenues of $3.3 billion ($3.6 billion including affiliates) and $45 billion of assets under management, we maximize property's potential and accelerate the success of our clients and our people. Learn more at corporate.colliers.com, Twitter @Colliers, or LinkedIn.
