Press Release brought to you by Lee & Associates

Murrieta Industrial Bldg Sells for $1.8M

04/28/2014
Murrieta Industrial Bldg Sells for $1.8M

Investor Purchases 34,000-SF Facility

By Elizabeth Davis

The CoStar Group
April 16, 2014

 

A private investor purchased the industrial property at 26540 Jefferson Ave. in Murrieta, CA for $1.84 million, or about $65 per square foot, from individual investors.

Built in 2000, the property totals 34,925 square feet and sits on more than two acres in the South Riverside submarket. A partial interest transfer, the buyer purchased 81 percent of the property.

Charley Black and Mike Strode of Lee & Associates represented both parties in the sale.

04/16/2014 - 09:00

Source

Lee & Associates

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