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September 23, 2023
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INLAND EMPIRE NEWS
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Single-Tenant Showroom Facility in the Inland Empire goes for $230/sf

7/29/21

A SoCal-based investment company paid $4.276 mil for single-tenant, 18.6k sf ($230/sf) industrial showroom building in Riverside. Built in 2021, the facility sits on 1.18 acres at 21650 Van Buren Blvd.

The asset is part of the MS Prime Six Business Park, a five-building industrial project totaling approximately 92 sf of space. Additionally, the building includes one grade-level door, three dock-high doors, 24 clear height, a secured yard, and sprinklers.

Alan Pekarcik and Chris Smith with Avison Young represented the 1031 exchange buyer. The seller, a private investor, was repped by Noah Samarin and Christina Gurdzhyan of DAUM Commercial Real Estate Services.





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