- 6730 Santa Fe represents a rare off-market acquisition opportunity for CIRE when seeking to add a high-quality, income-producing warehouse asset.
- Originally sourced through an existing sales broker relationship, this freestanding warehouse offers CIRE the potential to generate strong risk-adjusted returns over the long term.
- The property was purchased in Jan. 2023 and recently made a 721 contribution to OpCo/CREIT evergreen fund.
- Located next to the Hesperia Airport, this over 22,000 Sq Ft building comes with over 6 acres of land.
- Overall, this is an excellent opportunity for CIRE seeking a stable and diversified real estate portfolio, with the potential to generate attractive risk-adjusted returns over the long term. And with the potential to unlock additional value through tenant improvements, 6730 Santa Fe represents a compelling investment opportunity in the stable sub-market of San Bernadino County.
