PIMCO Buys Industrial Asset in Rialto, Calif., for $123MM

By Jon Peterson Newport Beach-based Pacific Investment Management Company has acquired a 1.1 million square foot industrial property located at 1110 West Merrill Avenue in Rialto, Calif. The purchase price was $123.3 million or $122 per square foot, according to published reports. The property was previously owned by Square Mile Capital Management, according to a […]