For Immediate Release
Lee & Associates Arranges $7.75 Million Sale of Ontario Industrial Building
37,146-square-foot property at 2319 E. Locust Court trades to private investor in all-cash transaction
ONTARIO, Calif., Oct. 5, 2026: Lee & Associates – Ontario today announced the $7.75 million sale of 2319 E. Locust Court, a 37,146-square-foot industrial building in Ontario, California. The transaction closed Sept. 30, 2026, at approximately $209 per square foot.
Kyle Vizzo, Broker Associate with Lee & Associates – Ontario, represented both the seller, a private party, and the buyer, a private investor, in the transaction.
The buyer acquired the property in an all-cash transaction. A new seven-year lease with the building's existing tenant was in place at closing.
"This property required a buyer with a clear view of its long-term value," Vizzo said. "We marketed it to the full investor market and identified a well-capitalized buyer through our network who was prepared to close on an all-cash basis."
The property is located in Ontario, one of the most active industrial markets in the Inland Empire West, with access to Interstate 10, Interstate 15, State Route 60 and Ontario International Airport.
Additional details on the transaction are available at kylevizzo.com/deals/2319-e-locust-court-ontario.
About Lee & Associates – Ontario
Lee & Associates – Ontario, established in 1987 and based in the Inland Empire, is one of the largest broker-owned commercial real estate providers, with local, regional and national expertise. The office serves institutional and private owners, investors, landlords and tenants across industrial, office, land and retail property sales and leasing, investment consulting, financing, acquisitions and dispositions, tenant representation, valuation, market research and build-to-suit projects.
About Kyle Vizzo
Kyle Vizzo is a Broker Associate with Lee & Associates – Ontario, specializing in industrial sales and leasing in the Inland Empire West, including Ontario, Chino, Rancho Cucamonga, Fontana and Corona. He advises owners, investors and occupiers on industrial properties ranging from 5,000 to 100,000 square feet. CA DRE #02061917. For more information, visit kylevizzo.com.
Media Contact:
Kyle VizzoLee & Associates – Ontariokvizzo@lee-assoc.com909.373.2713
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