CBRE Arranges $6.8 Million Sale of Rite Aid-Leased Building in Banning, California

by Hayden Spiess

Banning, Calif. — CBRE has brokered the $6.8 million sale of a retail building located in Banning. A local private investor acquired the property from another private investor.  David McNevin, Melissa Ley Marshall and Ian Schroeder of CBRE represented the seller in the transaction. Rite Aid occupies the 17,272-square-foot property, which was built in 2009, on a double-net lease.

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