FOR IMMEDIATE RELEASE
POMONA, CA (July 19, 2010) – Seventh Street Development and CB Richard Ellis announced the sale of a 22,135 square foot industrial building at the Mission-71 Business Park to Maxxsel Apparel. The buyer, represented by CBRE’s Kevin Herron, purchased the brand new building for approximately $2.7 million. Located at 1613 W. 2nd Street in Pomona along the 71 freeway, the new, high-image building includes two-story offices, dock high loading & 24’ ceilings. CBRE’s Lynn Knox, Barbara Emmons, John Privett and Lyn Eisenhower represented the sellers, Long Beach-based Seventh Street Development in the sale.
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Los Angeles Business Journal
March 10, 2008
Seventh Street Development knows its way around small industrial developments.
The Long Beach-based firm specializes in industrial space for small to medium size users. Even the company’s largest project, the forthcoming Valley-71 Business Park, will only have about 408,000 square feet of space.
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Real Estate News Television
December 26, 2007
Industrial buildings in the Inland Empire must be on a lot of Christmas wish lists, as reported end-of-year sales have been higher than some expected. In just the past 30 days, Long Beach-based Seventh Street Development has sold seven small buildings totaling 120k sf, with a combined value of approximately $16.5 mil, at its projects in San Bernardino, Pomona and Irwindale. They also have two more buildings currently in escrow.
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FOR IMMEDIATE RELEASE
Ten Free Standing Industrial Buildings and Two Business Condominium Buildings to be Constructed Totaling 191,009 Square feet
San Bernardino, CA (November 29, 2006) – Lee & Associates – Riverside and NAI Capital – Newport Beach announced today they will handle the sales and leasing of ten new free standing industrial buildings and two business condominium buildings totaling 191,009 square feet in San Bernardino that broke ground last week. Under development by Long Beach-based Seventh Street Development, the buildings are part of the new Waterman Business Center, being built on land the company acquired in the Fall of 2005, which is located on the East side of Waterman Avenue, just South of the 10 Freeway. Lee & Associates’ industrial agents Herrick Johnson and Alexey Zabolotskikh and NAI Capital’s office agent John Bosko are representing Seventh Street Development in the marketing of the project.
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FOR IMMEDIATE RELEASE
Twelve Buildings to be Constructed Totaling 292,296 Square feet
POMONA, CA (November 27, 2006) – CB Richard Ellis announced today it will handle the sales and leasing of twelve new industrial buildings totaling 292,296 square feet in Pomona that broke ground today. Under development by Long Beach-based Seventh Street Development, the buildings are part of the new Mission-71 Business Park, being built on land the company acquired last spring near the high profile intersection of the 71, 57 and 10 freeways. CBRE industrial market experts Lynn Knox, Lyn Eisenhower, Barbara Emmons and John Privett are representing Seventh Street Development in the marketing of the buildings.
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