Cushman & Wakefield arranged the sale of a three-building industrial portfolio totaling approximately 667,024 square feet (sf) at Interchange Logistics Center in San Bernardino. Jeff Chiate, Rick Ellison, Matt Leupold and Aubrie Monahan represented both the seller, Cabot Properties, and the buyer, EQT. Terms weren’t disclosed.
“This portfolio represented a rare opportunity to achieve immediate scale in the Inland Empire East submarket through the acquisition of three institutional-quality industrial assets,” said Chiate. “The project’s high-quality construction, strategic location and robust tenant occupancy underscore the continued demand for modern logistics facilities in one of the nation’s premier industrial and distribution corridors.”
The portfolio, located at 3392 & 3524 Mike Daley Dr. and 1651 Interchange Dr., is situated on nearly 35 acres and features building sizes ranging from 94,108 to 354,108 square feet. The assets benefit from immediate access to major transportation arteries, including regional highways and Interstates.
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