Home Finance Faropoint Pays $21.5MM for 117,000 SQFT Corona Industrial Building, Ending Seller’s 21-Year Hold
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Faropoint Pays $21.5MM for 117,000 SQFT Corona Industrial Building, Ending Seller’s 21-Year Hold

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Photo by Tyler Casey via Unsplash
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Faropoint paid $21.5 million for a fully leased, 116,555-square-foot industrial building at 725 E. Harrison St. in Corona, buying out a Buena Park-based owner that had held the 1991-vintage facility since 2005 and walked away with more than two and a half times its original purchase price.

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