October 12, 2018
Connect Inland Empire returns to the Ontario Convention Center on October 24th. Get more information about the conference and register to attend on this link.
Avison Young brokered the $2.675 million sale of 43223 Business Park Dr., a 25,182-square-foot industrial building in Temecula, CA. The buyer was Forum Capital, LLC, an owner-user who will deploy the facility for auto parts distribution.
Built in 1991 and situated on a 0.57-acre site, the property is within Rancho California Business Park and is less than a mile from Interstate 15. The building features 22-to-24-foot clear-height warehouse space, as well as roughly 6,000 square feet of office premises in two stories which include a reception area, conference room offices, restrooms and a large break room.
Avison Young’s Cody Lerner represented the buyer. Avison Young’s Stan Nowak represented the seller, a locally based owner-occupant.
“This facility is well-located in a southwest Riverside County location that is experiencing a drought of available industrial warehouses in the 50,000-square-foot-and-under range to service the dynamic amount of growth in the small-business industrial sector,” said Nowak.
For comments, questions or concerns, please contact Dennis Kaiser