Corona, CA Office Bldg. Trades for $1.4M

AV Capital Inc. Acquires 10,000-SF Property on E. Grand Blvd.

AV Capital Inc. purchased the 10,000-square-foot office building at 212 E. Grand Blvd. in Corona, CA, for $1.42 million, or approximately $143 per square foot. The capitalization rate was 7%.

The two-story building is on a corner lot and has 91 Freeway visibility.

Brian Tomer of Winner-Baird Co. represented the buyer and seller, Recon of Corona LLC.