Bought and Sold: January 2012 Archives

A 7-Eleven-anchored shopping center in San Bernardino that features a recharging station that can simultaneously power multiple electric vehicles has sold to an undisclosed buyer, according to brokerage Colliers International.

The sale signifies the first time a shopping center with an electric charging station designed to recharge multiple vehicles in a gas station-like manner has sold in the United States, according to Colliers International.

The shopping center sold for for a little more than $2 million. Los Angeles-based developer ICO Real Estate Group developed the shopping center, which is near the crossing of 40th Street and Sierra Avenue in northern San Bernardino.

Colliers International senior vice president Mehran Foroughi ICO Real Estate Group.

Beauty 21 Cosmetics is set to move from Rancho Cucamonga to Ontario after buying a 231,000-square-foot industrial property.

Beauty 21's brands include L.A. Girl USA cosmetics.

The building, at 2021 S. Archibald Ave., is part of Archibald Business Center. The property sold for $15 million, according to CT Realty Investors and Behringer Harvard, the property's previous owners.

Peter McWilliams and Mike McCrary of Jones Lang LaSalle represented CT Realty and Behringer Harvard. Personnel at the Ontario office of Lee & Associates represented Beauty 21 Cosmetics.

Skechers USA previously occupied Archibald Avenue building before moving to a 1.8 million-square-foot building in Moreno Valley.

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