- 320,000 square feet
- 3 Newly Constructed Free Standing Buildings
- Units ranging from 12,000 to 24,000 square feet
- Easy access to the 71 Freeway and Chino Hills Parkway
Using a creative acquisition structure, Turner Real Estate Investments acquired 39 acres of industrial zoned land in Chino Hills in September 2015. Seeing the need for quality multi-family housing, TREI worked with the City of Chino Hills to re-entitle 17 acres for the development of 346 units of high amenity product. The land was subsequently sold to a multi-family developer/builder.
The balance of the land was developed by TREI into a 3 building project, consisting of one 95,000 single tenant building, one 105,000 and one 120,000 square foot dock high, multi-tenant product for lease. These were delivered in Spring 2017. The 95,000 square foot single tenant building was sold at a market high of $131/SF, and active pre-leasing ensured fully leased 105,000 and 120,000 square foot buildings before completion of construction.
Location - 15221 & 15271 Fairfield Ranch Road, Chino Hills, CA