Cresa Executes Disposition and New Lease for 3M Company

Cresa, the world’s largest tenant representation firm, announced that it had executed the disposition of a 270,890-square-foot building and 42 acres of land for $31.91 million in Ontario, Calif. for 3M Company. As part of the transaction, Cresa Phoenix negotiated a 10-year lease on a 454,877-square-foot distribution facility to be constructed on a vacant parcel nearby.…