Small industrial sells for big money

SoCal project tops $365 a square foot
Published on Mar 21, 2007

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by CareyBot

Guthrie Development Co. recently sold a 28,750-square-foot industrial property in Pomona, Calif., for $10.5 million. The property, which Guthrie purchased in November 2006, is located on nine acres at 2840 Ficus St. Guthrie’s initial plan was to develop 14 industrial ...