MULTI-TENANT COMMERCIAL PROPERTY SELLS FOR $2.32 Million

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MORENO VALLEY, CALIF. — Eric Werner of Hanley Investment Group represented a Riverside, Calif.-based private partnership in the acquisition of Sunnymead Professional Building, an 8,625-square-foot office/retail center located at 23205, 23207 and 23209 Sunnymead Blvd. in Moreno Valley, for $2.32 million. Built in 2006, the two-story building is currently 100 percent leased to multiple tenants, including FastSigns, Geller Stewart & Foley LLP and PIP Printing. Jamie Harrison of Marcus & Millichap’s Ontario, Calif., office represented the seller, Moreno Valley-based Sunnymead Building Partners 1 LLC, in the transaction.

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