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Friday, December 21, 2012

Shadow Ranch Lot Sells for $4.7M

Wal-Mart Realty Co. purchased the commercial land located at the northeast corner of Monroe St. and the I-10 in Indio, CA for $4,736,000, or about $74,000 per acre, from Wells Fargo Bank NA. The land, currently zoned for mixed-use development, will be home to a new Wal-Mart store. Groundbreaking is scheduled for January 2013. Curtis Barlow of Coldwell Banker Commercial Lyle & Associates and Thomas Olson with Douglas Wilson Companies represented...



via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/Shadow-Ranch-Lot-Sells-for-$47M/143954?ref=/News/Article/Shadow-Ranch-Lot-Sells-for-$47M/143954&src=rss

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