Investment Details

Mountain Grove Office Park

Parking (ratio):  640 (4.29:1000sf)
Rentable Sq Ft.: 149,100
# of Stories: 2
Site Area: 9.5 Acres
Property Class: B
Location: Upland, CA
Property Type: Office
Closing Date: 2005
 

Property Summary


Built in 1982, Mountain Grove consists of 149,100 sf of office space located at 818,820,870, and 876 North Mountain Avenue in Upland, California. There is surface parking containing 640 spaces on 9.5 acres of land. The Property is located in the southwestern portion of San Bernardino County, approximately two miles east of the LA county line, bordering the city of Claremont, and approximately thirty miles northeast of the Los Angeles Central Business District. The Property is just one mile north of the San Bernardino (10) Freeway, and both the 10 and 210 Freeways have four-way interchanges near the Property at Mountain Avenue, which is the primary commercial corridor in Upland.

Stemming from strong population growth and escalating land costs, consistent demand and lack of inventory, the Inland Empire office market has been steadily improving. Increasing numbers of businesses and professionals are attracted to Upland's convenient and accessible location and established neighborhoods within the Inland Empire.

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