TEMECULA, CALIF. — Avison Young has brokered the sale of an industrial property located at 43223 Business Park Drive in Temecula. Forum Capital acquired the building from a locally based owner-occupant for $2.7 million.
Built in 1991 and situated within Rancho California Business Park, the 25,182-square-foot building features 22-foot to 24-foot clear height warehouse space. In addition, the property contains 6,000 square feet of office space in a two-story configuration with a reception area, conference room, offices, restrooms and break room. The buyer plans to use the 25,182-square-foot industrial facility for auto parts distribution.
Stan Nowak of Avison Young represented the seller, while Cody Lerner, also of Avison Young, represented the buyer in the transaction.