SRS Real Estate Partners Closes $41 Million Sale of San Dimas Industrial Park for San Dimas BP LLC

SRS Real Estate Partners has arranged the $41 million sale of San Dimas Commerce Center, a 19-building light industrial park located at 410–490 West Arrow Highway in San Dimas, California. The seller, San Dimas BP LLC, was represented by Richard Schwartz, Executive Vice President and Senior Managing Principal, and Dave Faris, Vice President, at SRS Real Estate Partners. The buyer is an institutional investor with a national presence.

Property Details and Occupancy

San Dimas Commerce Center totals approximately 179,345 square feet spread across 10.54 acres in the San Gabriel Valley industrial submarket. The property comprises 19 individually parceled buildings, most containing fewer than 10,000 square feet each. At the time of sale, the park was 90% occupied and leased to more than 70 local and regional businesses, including several long-term occupants. The transaction price equates to approximately $229 per square foot.

The property's multi-tenant configuration and parcelized structure were central to the marketing strategy. Because each of the 19 buildings is individually parceled, the asset offers a future owner-user disposition pathway in addition to its diversified income stream — a combination that SRS said drew significant institutional interest during the competitive marketing process.

Broker Commentary and Deal Strategy

"San Dimas Commerce Center offers the type of infill small-bay industrial product institutional investors seek but seldom have the opportunity to acquire," Faris said. "The property combines diversified income from a broad tenant base with the long-term flexibility to sell individual buildings to owner-users. We built the marketing campaign around that optionality, and the strong response validated the strategy."

Schwartz highlighted the role of combining SRS Real Estate Partners' industrial and capital markets capabilities in executing the assignment. "This assignment demonstrates the value of bringing SRS' Industrial and Capital Markets teams together on behalf of a client," Schwartz said. "By combining local industrial market knowledge with institutional investment sales expertise, Dave and I were able to position the property effectively, reach a deep pool of qualified investors and guide the transaction through a successful closing."

San Gabriel Valley Market Context

San Dimas Commerce Center sits along Arrow Highway with convenient access to State Route 57 and other major Southern California transportation corridors. SRS Real Estate Partners described the San Gabriel Valley as one of Greater Los Angeles' tightest industrial markets, where limited opportunities to develop comparable small-bay industrial properties support demand for well-located infill assets.

The transaction reflects continued institutional appetite for sub-10,000-square-foot industrial units in dense Southern California infill locations. The asset's 90% occupancy at the time of sale provides the buyer with stabilized cash flow, while the parcelized nature of the site creates an embedded disposition strategy for future owner-user sales.

About SRS Real Estate Partners

Founded in 1986, SRS Real Estate Partners provides commercial real estate solutions across retail, industrial, and capital markets. The firm is headquartered in Dallas and operates 30 offices nationwide.