Newmark brokers off-market sale of Ontario, California office campus for $24.68 million

Newmark Group, Inc. Class A

Newmark Group, Inc. Class A

NMRK

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  • Newmark arranged off-market sale of Lakeview, a two-building Class A office campus in Ontario, California, for USD 24.68 million to MGR Real Estate.
  • Seller BH Properties was represented by Newmark Vice Chairman Paul Jones, Senior Managing Director Brandon White, and Capital Markets Co-Head Kevin Shannon.
  • Asset totals 106,345 square feet across two three-story buildings on a 7.85-acre site.
  • Property includes 1.85 acres of excess land earmarked for immediate development.
  • Buyer was self-represented by Founder and CEO Michael G. Rademaker.


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