MDH Partners is adding an industrial property in the Inland Empire to its nationwide holdings. The Atlanta-based firm acquired 13880 Monte Vista Avenue in Chino for $105 million, or roughly $256 per square foot for the 410,000-square-foot property. Commercial Observer reported. A Nuveen affiliate sold the warehouse to MDH. The warehouse traded hands as part of a seven-property industrial portfolio deal spanning four states. The other properties in the deal are in Carrollton, Texas; Murfreesboro, Tennessee; and Salt Lake City, Utah. The properties together span 1.6 million square feet and are 91 percent leased to 13 tenants. The Chino warehouse […]
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