GLENDALE, CA — (Marketwire) — 09/19/12 — American Realty Advisors, a leading provider of commercial real estate investment management services for institutional investors, announced today the acquisition of 10825 Production Avenue, a 100% leased Class A industrial building in the heart of one of the top-performing industrial submarkets in Southern California-s Inland Empire.
Built in 2006, the 753,170 SF property is situated on 29.8 acres in the Sierra Business Park, a 200+ acre master-planned industrial complex, and offers tenants enhanced amenities, extensive landscaping, and a campus-like environment. The industrial facility is conveniently located near the Ontario International Airport with excellent freeway access to the Inland Empire-s major arterials, including the I-10, I-15 and CA-60 freeways. The state-of-the-art industrial building benefits from its functional design, including 30 foot clear heights, 112 dock-high doors, an Early Suppression Fast Response (ESFR) sprinkler system, a 185 foot truck court, and 126 trailer parking stalls.
stated, “Continuing innovations in large-scale supply chain management have increased demand for the highly functional space offered by 10825 Production Avenue. With less than 2% vacancy in industrial properties greater than 500,000 SF in this market, the scarcity of core-quality assets like this will likely generate strong rent growth and tenant demand during the asset-s anticipated holding period and is expected to generate superior returns for our clients. This acquisition reflects our commitment to enhancing our clients- portfolios with best-in-class assets in high-performing markets across the U.S.”
American is an investment advisor registered with the U.S. Securities and Exchange Commission under the Investment Advisers Act of 1940, as amended, and a leading provider of commercial real estate investment management services to institutional investors. With over $4.5 billion* in assets under management, American has provided real estate investment management services to institutional investors for over 24 years utilizing core and value-added commingled funds and separate accounts. The firm-s portfolios include office, industrial, multi-family, retail and other properties nationwide, all of which are managed on behalf of American-s clients. Information regarding American can be found at
*Assets under management represent approximate gross market value of all assets and accounts managed by American as of June 30, 2012 which includes cash and cash equivalents and excludes partners- share of equity and partners- share of debt on partnership investments.
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