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TEMECULA, CALIF. — Sentre has purchased Temecula Heights, an industrial property located at 42301 Zevo Drive in Temecula, for $40.7 million, or $178 per square foot. The name of the seller was not released.
Constructed in 1998 on 11 acres, Temecula Heights features 229,000 square feet of industrial space, 26-foot clear heights, ESFR sprinklers and 27 dock doors. At the time of sale, the property was 84 percent leased to a Fortune 100 medical product company.