The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
April 5, 2020
 Search RENTV
   Go!
 Video Programs
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



ETC... ETC...
Printer-friendly Version   Email an Associate
Temecula Biz Campus Traded in $11 Mil Deal

3/06/20

A Los Angeles-based private investor acquired Temecula Corporate Park, an 86.9k sf, multi-tenant office and industrial park in Temecula, in a recent $10.9 mil transaction. The property is located at 43379, 43385, 43391 and 43397 Business Park Dr.

Situated on 6.09 acres and built in 2002, Temecula Corporate Park is approximately 97% occupied and consists of one two-story office building and three single-story industrial buildings. The property is near the 15 Fwy and the major cross streets of Diaz Rd, Rancho Way and Rancho California Rd.

Alan Pekarcik and Chris Smith with Avison Young represented the seller, an Orange County-based private investor, as well as the buyer, a Los Angeles-based private investor. The property closed at a cap rate of 6.45% and a price per square foot of $125.46.

Temecula is a place of rolling vineyards, historic traditions and modern conveniences combined to offer entertainment for people of all ages. Covering just over 30 square miles, Temecula is centrally located along the I-15 and I-215 freeway corridor in southwest Riverside County, just north of the San Diego county line.




Return to the previous page
 


 
 
 
 



Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2020 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media