Ontario, California–based Fin-West Group, a company that originates mortgage loans, sells mortgage loans to permanent investors, and services loans, has sold Sixth Street Center, a 60,800-square-foot office building located at 1131 West 6th Street in Ontario, to a private investor for $8.275 million. The three-story building sits on 2.6 acres of land and offers a central atrium, elevator, penthouse with balcony and mountain views, and a full floor for ready for immediate use.
Christopher Larimore, president and founding principal of Lee & Associates Pasadena, along with Vincent Molitor of that office, represented Fin-West in the transaction. The buyer was represented by Monica Caraballo of Michael Gaddis, J.D. Realty Group.
According to Larimore, the buyer plans to occupy a portion of the building and lease out the rest.
“In a market with lots of inventory, Sixth Street Center stood out, in part due to its medical-office zoning, interior improvements, and central location,” Larimore says.