Palm Springs Office Bldgs Trade for $1.6M

Chicago-based Kemper Corp. sold the two office buildings located at 1701-1733 N. Palm Canyon Blvd. in Palm Springs, CA to Solterra Development for $1.55 million, or about $92 per square foot. The buyer plans to occupy approximately 51 percent of the property, and lease out the remaining spaces. Built in 1972, the buildings total 16,870 square feet on about an acre located at the northwest corner of N. Palm Canyon Dr. and W. Vista Chino. John...



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Palm-Springs-Office-Bldgs-Trade-for-$16M/146971?ref=/News/Article/Palm-Springs-Office-Bldgs-Trade-for-$16M/146971&src=rss