Home Finance Lumpkin Development Holdings Pays $79 Per Land Square Foot for 4.2-Acre Fontana Industrial Site
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Lumpkin Development Holdings Pays $79 Per Land Square Foot for 4.2-Acre Fontana Industrial Site

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Aerial photo of a warehouse with trucks parked next to it
Photo by Marcin Jozwiak on Unsplash
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Rexford Industrial's $14.5MM Slover Avenue sale to Lumpkin Development Holdings marks a four-year exit from a site the REIT acquired in 2022 — and highlights the bifurcation in Inland Empire pricing as the West submarket absorbs negative net absorption and rising vacancy. Lumpkin Development Holdings LLC has acquired 13700-13738 Slover Avenue in Fontana, a 4.2-acre […]

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