Temecula, CA –August 25, 2023 - Lee & Associates - NSDC is excited to announce the sale of a substantial industrial property in Temecula, California. This expansive property spans 160,561 square feet and sits on a spacious 11.47-acre plot at 43195 Business Park Drive, Temecula, CA 92590.

 

This versatile industrial building offers an impressive array of features. Its dual-purpose Warehouse Manufacturing design includes a robust heavy power system tailored to businesses with high electricity demands. The property boasts a secure fenced yard spanning 1.5 acres, providing ample outdoor space for various operations. Notably, it's equipped with a powerful 4,000 Amps @ 480 volts of heavy power, ensuring seamless operations for energy-intensive tasks. The facility also includes 15,000 square feet of office space and an additional 15,000 square feet of HVAC production area to accommodate diverse business needs.

 

The property's practicality is further demonstrated by its 246 parking spaces, 8 docks, and 3 grade-level doors. Safety measures are enhanced by an upgraded high-pressure sprinkler system, providing comprehensive fire protection.

 

Brennan Investment Group, the buyer, is a respected player in the privately held industrial real estate sector. Boasting a portfolio of 553 properties totaling 52 million square feet spread across 27 states, the group maintains an impressive occupancy rate of 97.7%. Backed by managing principals with over 20 years of experience on average, Brennan Investment Group is well-positioned to expand its footprint.

 

The seller of the property is Saed Investments.

 

Kelly Nicholls and Zack Martinez of Lee & Associates played a pivotal role in facilitating this transaction, representing the seller. Notably, both Nicholls, Martinez of Lee & Associates – NSDC and our Lee & Associates – Temecula office will continue to work with the buyer, Brennan Investment Group, to market the property for lease and/or sale once its planned remodeling is complete.

 

Lee & Associates takes pride in connecting dynamic entities and enabling seamless transitions within the commercial real estate landscape. The successful sale underscores the strength and potential of the Temecula industrial real estate market, attracting prominent players like Brennan Investment Group to invest in the region.