The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
June 24, 2024
 Search RENTV
 The REview
News Home Page
Southern California
Northern California
Pacific Northwest
Prop. Management
Press Releases
 R. E. Marketplace
Service Providers
Property Spotlight
 RENTV  Conferences
Subscriber Login:
Forgot Password?

Printer-friendly Version   Email an Associate
Menifee Industrial Development Land Trades for $61 Mil


Patrinely Group acquired Scott Road Commerce Centerís Phase II, a large-scale, fully entitled (shovel-ready) 33.86-acre development site in Menifee entitled for 544.1k sf of Class A, industrial product. The property was sold by Newport Beach-based Jupiter Holdings LLC in a $61 mil transaction.

Phase II at Scott Commerce Center will feature Buildings 3, 4, and 5, located at 33520, 33580, and 33540 Zeiders Rd. The entire five-building development will total 701.3k sf when completed.

Phase II is situated just north of the Murrieta and Temecula submarkets, immediately off the Scott Rd and I-215 interchange. The project is the cityís first Class-A industrial development since 2018, and it offers a unique investment opportunity to establish a presence in a rapidly growing and dynamic sub-market.

Michael Kendall, Gian Bruno, Kenny Patricia, Joey Jones and Tucker Hohenstein with Colliers, along with Gordon Mize of Lee & Associates, brokered the transaction.

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 © 2024 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media