SB office building last piece has been sold
Harbor Associates and partner Taconic Capital Advisors recently sold a 115,520-square-foot Class A office building in San Bernardino for $26.8 million.
The property at 451 E. Vanderbilt Way was the third and final transaction in a $69.85 million, fiveproperty office portfolio.
The joint venture bought the portfolio, which spans a combined 368,000-squarefoot, in October 2019 for $41.7 million.
All five properties ranged in size from 70,000 to 115,000 square feet and are part of the Tri City Corporate Center. The 153acre master planned center includes a mixed-use office park with 1 million square feet of commercial office and 390,000 square feet of retail space.
The partnership began selling the properties in November 2021 with the $8.9 million sale of 301 E. Vanderbilt Way, and later sold 621, 625 and 685 E.
Carnegie Drive in November 2022 in a single transaction for $34.175 million.
“We see the long-term viability of well-located assets in high-barrier-to-entry Southern California markets and will continue to invest in office asset as values reset from their PRE-COVID pricing levels” said Harbor Principal Paul Miszkowicz. requires Senate confirmation and pays $100 per diem.
The Scholarshare Investment Board position does not require Senate confirmation and there is no pay. Cifuentes is a Democrat.
Palm Springs resident Angel Rodriguez has been reappointed to the California Student Aid Commission, where he has served since 2021.
Rodriguez has been associate vice chancellor of Government Relations and Strategic Communications for the San Bernardino Community College District since 2022, where he has held multiple positions since 2016.
This position requires Senate confirmation; the pay is $100 per diem. Rodriguez is a Democrat.