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Tuesday, May 21, 2013

Three Carnegie Plaza Sells for $8M

Rancon Realty Fund V sold Three Carnegie Plaza at 735 E. Carnegie Dr. in San Bernardino, CA to M&Y Management for $8 million, or approximately $93 per square foot. The sale represents the buyer's upleg in a 1031 exchange. Built in 2005, the 85,846-square-foot, two-story office building is located within the Tri-City Corporate Centre, a 153-acre, master-planned, mixed-use development that offers office and retail options totaling more than 1.2...



via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/Three-Carnegie-Plaza-Sells-for-$8M/148620?ref=/News/Article/Three-Carnegie-Plaza-Sells-for-$8M/148620&src=rss

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