1467 & 1468 Davril Circle & 1461 Railroad Street, Corona
Address: 1467 & 1468 Davril Circle & 1461 Railroad Street, Corona, CA
Description: Three freestanding industrial buildings totaling 130,474 sq. ft.
Buyer: Nuveen Real Estate
Seller: Morningstar Davril, L.P., a California Limited Partnerhip
Assignment: Develop and implement a marketing program for the sale of three freestanding industrial buildings located in West Corona, CA on behalf of a private investor, Morningstar Limited Partnership.
Result: Generated over twelve offers to purchase and ultimately awarded the portfolio to Nuveen Real Estate, a Wholly owned subsidiary of TIAA - CREF at a premium price.
Total Value of the Transaction: $19,600,000.00