Zevo Distribution Center, a 262.4k sf industrial facility in Temecula, was purchased by Glass Werks for $11.7 mil, or about $45/sf. The property is located at 41995 Zevo Dr, a short distance southwest of the confluence of Winchester Rd and I-15.
Glass Werks, a leading commercial and architectural glass fabricator, is expected to occupy roughly 115k sf of the building sometime in 2016. The remainder of the property is leased to Professional Hospital Supply.
Jim Nadal, CCIM, SIOR, of Lee & Associates Temecula Valley, and Bryce Aberg of DTZ San Diego, represented the seller, Riverside One, LP.