Rancho Cucamonga – Pasadena based De Pietro Holdings LLC has sold 9210 Rochester Avenue in Rancho Cucamonga, California.
A private buyer purchased the industrial property in an off-market transaction, and it was fully leased at the time of sale. The buyer will manage the property moving forward.
Built in 2002, the industrial property was purchased by De Pietro Holdings LLC in 2016 and underwent several important renovations to prepare it for both the current and future tenants.
“We are proud of the work we performed at 9210 Rochester Avenue and the service we provided to the tenants we have had the pleasure to work with during our ownership,” said Dennis De Pietro, partner at De Pietro Holdings LLC.
Lee & Associates’ brokers Ken Jones and Ben Palitz represented both the buyer and De Pietro Holdings LLC.
“Having not worked with Ken and Ben before this transaction, we were impressed with their market intelligence and their involvement during this process to ensure a successful close for both parties,” added James De Pietro, partner at De Pietro Holdings LLC.
About De Pietro Holdings LLC
De Pietro Holdings LLC is a privately held commercial real estate investment company that has grown to own more than 610,000 square feet of office, industrial, medical office, and retail properties across 15 cities and four states. The Company has remained a family run and operated organization that focuses on developing long term business relationships and practical and creative solutions that satisfy tenant requirements now and in the future. De Pietro Holdings LLC’s properties are primarily located in Southern California and the greater Phoenix, AZ, Denver, CO, and Salt Lake City, UT areas.