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Development Company Buys Rialto Industrial Building

Investor Sells Fully Leased Facility for $16.5 Million
The warehouse was built in 1989 on 4.3 acres in the San Bernardino County industrial market of Southern California's Inland Empire. (CoStar)
The warehouse was built in 1989 on 4.3 acres in the San Bernardino County industrial market of Southern California's Inland Empire. (CoStar)
By Joe Scheitlin
May 17, 2022 | 8:34 P.M.

Xebec Development Co. purchased the industrial facility at 2271 N. Locust Ave. in Rialto, California, for $16.5 million, or more than $1,600 per square foot, from Harvik Properties.

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