Chino sale: $288 PSF
A 30,000‑sq‑ft warehouse in Chino closed at roughly $288 per square foot, nearly matching the seller’s 2022 acquisition price — a sign that pricing for quality Inland Empire small‑bay assets is stabilizing when sellers are realistic. That deal is a useful local comp for sub‑50k SF transactions. (x.com)
Transaction math implies an approximate deal value of $8.64 million based on the reported pricing. (x.com) The broker noted the seller’s 2022 acquisition price was nearly identical to the recent close, indicating essentially no nominal upside for the holder between 2022 and the sale date. (x.com) Kidder Mathews’ Inland Empire data shows an average sale price of $273.29 per square foot and an average industrial cap rate near 7.0% in 2025, placing this transaction slightly above that 2025 regional PSF average. (kidder.com) NAI Capital’s Q3 2025 analysis recorded a median IE sale price of $258 per square foot, underscoring that the Chino trade priced above the market median for last year. (www2.naicapital.com) CBRE’s Q4 2025 MarketBeat shows Inland Empire taking lease rates around $1.03 NNN per month in the IE Core and roughly $1.12 in the IE West, figures useful for underwriting rent-roll and hold/sell scenarios for comparable sub‑50k assets. (mediaassets.cbre.com) Sector research highlights concentrated demand in smaller footprints: BKM reported more than 90% of 2025 industrial leases were for spaces under 100k square feet and noted cap‑rate compression in small‑bay product, explaining investor appetite for deals of this scale. (bkmcapitalpartners.com) Marketwide transaction volume remained restrained in 2025—Matthews recorded roughly $310 million in Inland Empire industrial sales in Q3 2025—making individual closed trades like this one high‑value comps for underwriting and negotiation in the sub‑50k market. (matthews.com)
