San Gabriel Valley office building sells for $28 million

A 96,365-square-foot office building in the San Gabriel Valley has sold for $28 million.

Located at 901 Corporate Center Dr. in Pomona, California, the two-story, Class A property traded for $291 per square foot.

Built in 1989, the building underwent an extensive buildout last year for its current sole tenant, Lereta, a tax and flood service provider that serves more than 4,000 lenders. The renovation was done by Irvine design, architecture and engineering firm Ware Malcomb, offering Lereta larger-than-market-average…

Source: Arizona Business Journal