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Tuesday, May 7, 2013

2.7 Acres in Temecula Sells for $2.5M

Tate Diversified Development, Inc. sold the 2.74-acre parcel of land located on the southwest corner of Margarita Rd. and De Portola Ave. in Temecula, CA to LA International Business Services for $2.5 million, or about $21 per square foot. The buyer plans to construct a 38,000-square-foot medical building on the lot. The property was shovel ready upon purchase, and broke ground immediately after escrow closed. The building should be completed by...



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/27-Acres-in-Temecula-Sells-for-$25M/148059?ref=/News/Article/27-Acres-in-Temecula-Sells-for-$25M/148059&src=rss

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