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Bisnow: Clarion Partners, EBS Realty Partners Buy 19-Acre Colton Industrial Site After Moratorium Ends

Clarion Partners and EBS Realty Partners have closed on a 19-acre industrial site in Colton that is already approved for a 412K SF warehouse. The duo paid $61M for the site. Colton, like a handful of other Inland Empire cities, had a moratorium on new warehouse properties, but it expired in May, LA Business First reported. “This project […]

The Registry: Clarion Partners, EBS Realty Pay $61MM for 19-Acre Industrial Site in Colton

CBRE announced the sale of a 19-acre industrial site in Colton, Calif. to Los Angeles-based real estate investment firm Clarion Partners and Orange County-based investment firm EBS Realty Partners for $61 million. CBRE’s Darla Longo, Barbara Perrier and Eric Cox represented the seller, Newport Beach, Calif.-based real estate investment firm Hager Pacific Properties, in the […]