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Corona Industrial Trades in Reverse 1031 Exchange
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Corona Industrial Trades in Reverse 1031 Exchange
Stream Realty Partners finalized the $12.6-million sale of a 45,318-square-foot industrial facility at 1240 Quarry St. in Corona. The seller was KHS America; the buyer was not disclosed. “We dealt with the 43-day government shutdown, which delayed the buyer’s financing contingency period and the close of escrow,” said Jerry Goldenson, president of KHS America. “Selling our Corona facility allowed us to satisfy our reverse 1031 Exchange and purch…
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