Press Release brought to you by Lee & Associates

Riverside Warehouse Acquired for $3.2M

04/28/2014

Riverside Warehouse Acquired for $3.2M

Pacific Tank Lines to Relocate Within City of Riverside

By Brian Cagayat

The CoStar Group

April 21, 2014

 

ASR Constructors, Inc. sold the industrial building at 5230 Wilson St. in Riverside, CA to Pacific Tank Lines, Inc., for $3.15 million, or about $95 per square foot. The buyer is an owner/user, relocating from another location in Riverside.

Built in 1991, the property totals 33,000 square feet on 5.4 acres at the southeast corner of Fleetwood Dr. in the Riverside submarket of Inland Empire.

Robert Jimenez and Steve Wheatley of Delmar Commercial Real Estate Services represented the seller. Paul Whitehouse of Lee & Associates represented the buyer.

04/21/2014 - 09:00

Source

Lee & Associates

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