19-Building Industrial Park in California’s San Gabriel Valley Sells for $41 Million

Competitive marketing process generated significant institutional investor interest in the 179,345-square-foot property

SRS Real Estate Partners has arranged the $41 million sale of San Dimas Commerce Center, a 19-building light industrial park located at 410-490 West Arrow Highway in San Dimas, California.

Dave Faris, Vice President, and Richard Schwartz, Executive Vice President and Senior Managing Principal, represented the seller, San Dimas BP LLC. The transaction brought together SRS' Industrial and Capital Markets teams, combining specialized industrial market knowledge with investment sales expertise. The buyer is an institutional investor with a national presence.

Situated on 10.54 acres, San Dimas Commerce Center totals approximately 179,345 square feet and was 90% occupied at the time of sale. The property comprises 19 individually parceled buildings, most containing less than 10,000 square feet. It is leased to more than 70 local and regional businesses, including several long-term occupants.

"San Dimas Commerce Center offers the type of infill small-bay industrial product institutional investors seek but seldom have the opportunity to acquire," said Faris. "The property combines diversified income from a broad tenant base with the long-term flexibility to sell individual buildings to owner-users. We built the marketing campaign around that optionality, and the strong response validated the strategy."

"This assignment demonstrates the value of bringing SRS' Industrial and Capital Markets teams together on behalf of a client," said Schwartz. "By combining local industrial market knowledge with institutional investment sales expertise, Dave and I were able to position the property effectively, reach a deep pool of qualified investors and guide the transaction through a successful closing.

The competitive marketing process attracted significant interest from institutional investors, underscoring demand for well-located, small-bay industrial properties with a diversified tenant base.

Located in the San Gabriel Valley industrial submarket, San Dimas Commerce Center provides frontage along Arrow Highway and convenient access to State Route 57 and other major Southern California transportation corridors. The San Gabriel Valley remains one of Greater Los Angeles' tightest industrial markets. Limited opportunities to develop comparable small-bay industrial properties further support demand for well-located, infill assets.

About SRS Real Estate Partners
Founded in 1986, SRS Real Estate Partners is celebrating 40 years of going the extra mile for its clients. A leader in consumer-driven real estate, SRS provides commercial real estate solutions across retail, industrial, and capital markets. Headquartered in Dallas with 30 offices nationwide, the firm measures its success by the achievement of its clients' objectives, satisfaction, and trust. For more information, please visit srsre.com.