Premier Business Centers




The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
December 15, 2018
 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?



SOUTHERN CALIFORNIA NEWS
Printer-friendly Version   Email an Associate
Temecula Industrial Facility Traded Between Investors

12/15/17

A 60k sf, Class A industrial building in Temecula has purchased by a private investor for $7.4 mil ($123/sf). It was sold by a local investment company.

Built in 2006 and situated on 1.28 acres at 41995 Remington Ave, the property features multi-story office space, a large employee break room, conference room, a large warehouse, skylights, and multiple dock-high and grade-level loading bays. The property is 1.25 miles from Interstate 15 at the Winchester Rd on/off-ramp.

Built in 2006 and situated on 1.28 acres, the property features multi-story office space, a large employee break room, conference room, a large warehouse, skylights, and multiple dock-high and grade-level loading bays. The property is 1.25 miles from Interstate 15 at the Winchester Rd on/off-ramp.

Stan Nowak and Cody Lerner with Avison Young represented the seller in the deal. The buyer was repped by Kidder Mathews.

“This was a beneficial situation for both the buyer and seller, as they are both owner-users that are thriving and growing in the greater Temecula market,” commented Nowak. “With an industrial property vacancy rate of just under 2% and rents on the rise here, we believe that we will see a growing number of owner-user situations, as they present security in fixed real estate costs and are an appreciating asset over the long term.”





Return to the Archive 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 © 2018 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media