1400 Holt was acquired off market, below replacement cost, and at a discount to current market inventory.

The property will undergo a light rehab including paint, re-slurry of parking lot, and new landscaping. The Property will be re-leased and / or sold to an owner-user upon expiration of the in-place lease.

The Property was acquired at a discount to market in an off-market sale. The industrial market is 2% vacant in the west inland empire and shows significant signs of rent growth, with little inventory available.