Proficiency Capital has secured $32.235 million in acquisition financing for McGee Business Center I & II, a fully leased 231,696-square-foot industrial portfolio in Chino and Pomona, Calif.
JLL worked on behalf of the borrower to secure the three-year, floating-rate loan through a bank.
McGee Business Center comprises two business parks located in the Inland Empire West submarket. Business Park I, situated at 2300 S. 0Reservoir St. in Pomona, consists of four buildings totaling 129,800 square feet. Business Park II, located at 12301-12395 Mills Ave. in Chino, includes five buildings totaling 101,896 square feet. Constructed in 1981 and 1987, the property features 71 industrial suites averaging 3,263 square feet, catering to a diverse mix of local and regional tenants.
The business parks are less than one mile from State Route 60 (Pomona Freeway), providing convenient access to State Route 71 (Chino Valley Freeway) 2.2 miles away and Interstate 10 approximat
