Cabot goes Left Coast industrial

Buys SoCal tilt-up building

Boston-based Cabot Properties Inc. purchased a 155,679-square-foot industrial building in Corona, Calif. The transaction was valued at $8.4 million. The single-story, concrete tilt-up building, which is located at 250 Airport Circle, was 100 percent leased at the time of sale. The property was sold by Westmart Realty Company, a private real estate investor. Randy Lockhart and Milo Lipson of Grubb & Ellis' Ontario office and Tim Hawke of Strata Realty represented the seller in the transaction. Patrick Remolacio of Colliers Seeley represented the buyer. Grubb & Ellis is a global provider of integrated real estate services. *** Send a Letter to the Editor for publication.Send a comment or news tip to our newsroom. Please include the headline of the story....