An industrial and office building in the Inland Empire has traded hands for $57 million. Santa Fe Springs-based investment and management firm Orden Company bought the nearly 257,000-square-foot warehouse and office property at 875 West State Street in Ontario, L.A. Business First reported. The seller was Rancho Cucamonga-based real estate developer IHC State LLC. Daum Commercial Real Estate Services facilitated the sale. Agents Eric Fikse and Eric Burney represented the seller and Fikse also procured the buyer. IHC State was “seeking a buyer that could assume the existing debt, despite a lockout provision and prepayment hurdles,” Fikse said in a […]
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