CORONA, Calif. — Faropoint has acquired 725 E. Harrison St., a 116,555-square-foot industrial facility in Corona, for $21.5 million, JLL Capital Markets announced Nov. 12. JLL represented the seller, which was not named.
The building, completed in 1991 on a 5.87-acre site, is fully leased to what the release calls "a long-tenured industrial tenant" serving the aerospace, automotive and medical industries; the tenant was not named. JLL lists 2,500 amps of power, 27- to 29-foot clear heights and seven dock positions, expandable to nine. The price works out to about $184 per square foot ($21.5 million ÷ 116,555 sq ft). The release describes no new jobs or investment beyond the sale.
ON THE RADAR: DEAL
Buyer: Faropoint
Tenant: One long-tenured industrial tenant (not named)
Seller: Not named
Property: 725 E. Harrison St., Corona, Calif.; 116,555 sq ft on 5.87 acres
Price: $21.5 million
Broker: JLL Capital Markets (seller's representative)
Type: Acquisition (leased industrial)
Announced: Nov. 12, 2026