REAL ESTATE
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Newport Beach developer the Koll Co. bought a $6-million business park in Rancho Cucamonga, its first such acquisition in the Inland Empire.
Koll said it bought the year-old Rancho Pacific Business Park to complement its own Koll Haven Business Center, which is three blocks away near Interstate 10.
Pacific Scene Inc. of San Diego, the developers, sold the four-building office and industrial park. John Hancock Mutual Life Insurance Co. is a joint venture partner with Koll in the acquisition.
The buildings are 60% leased, Koll said.
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