Lee & Associates in Riverside releases third quarter 2017 Industrial Market Summary

RIVERSIDE – The Riverside office of Lee & Associates, the largest broker-owned commercial real estate firm in North America, has released its third quarter 2017 Industrial Market Summary for manufacturing and distribution buildings for the east valley market in Southern California’s Inland Empire. The third quarter of 2017, even with a lack of inventory, posted […]

Commercial and industrial real estate poised for explosive growth in Inland Empire

Commercial and industrial real estate poised for explosive growth in Inland Empire

The driveway was rocks and gravel. The parking lot was dirt and mud in some places. Still, a distinguished group of city officials, developers and commercial real estate marketing professionals gathered enthusiastically for the grand opening of three warehouse-sized buildings at the end of 3rd Street in Lake Elsinore on a Thursday morning. The buildings […]

WestMar Commercial Real Estate announces recent transactions

TEMECULA – WestMar Commercial Real Estate, a leading local real estate services firm, announced their recent transactions. In sales, RBB Investment purchased 1,900 square feet of office space in the Ivy Springs Business Park from Aliza. The property is located at 41680 Ivy Street, Suite D, in Murrieta. Jerry Palmer and Luanne Palmer of WestMar Commercial […]

WestMar Commercial Real Estate announces recent transactions

TEMECULA – WestMar Commercial Real Estate, a leading local real estate services firm, announced their recent transactions. I Love Kickboxing leased 2,855 square feet of retail space within the Bel Villaggio Shopping Center, located adjacent to the Promenade Mall, from PFP Temecula Real Estate Holdings. The space is located at 41269 Margarita Road, Suite 102. […]

Lee & Associates negotiates $1.4 Million industrial property sale

MURRIETA – Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed a $1.4 million sales transaction for a 12,349-square-foot, 12-unit multi-tenant industrial building, located at 41419 Pear Street, in Murrieta. Gordon Mize and Michael Strode, CCIM, SIOR, Senior Vice Presidents of Lee & Associates Temecula Valley, represented […]

Lee & Associates Temecula Valley negotiates sale of Old Town Front Street Office

TEMECULA – The Temecula Valley office of Lee & Associates, the largest broker-owned commercial real estate firm in North America, negotiated the sale of a 11,233-square-foot office building located at 28936 Old Town Front St., Temecula, CA. The purchase price was $1.0 million. Michael Strode, MBA, CCIM, SIOR, Charley Black, SIOR and Laura Menden, Senior […]

Temecula’s Centre Court Business Park sells for $10.8 million

TEMECULA —The Temecula Valley and Central Los Angeles offices of Lee & Associates, the largest broker-owned commercial real estate firm in North America, negotiated a $10.850 million sale of the 95,604-square-foot Centre Court Business Park in Temecula, June 21. Jim Nadal and Mike Hanna of Lee & Associates Temecula Valley represented the seller, L2H Properties […]

Temecula Town Center auction sparks scramble with top bid near $60 million

Temecula Town Center auction sparks scramble with top bid near $60 million

A rare auction of one of Temecula’s oldest and most visible shopping centers has ended with the bank-owned property scoring a winning bid of nearly $60 million. The iconic Temecula Town Center, which was built as a fledgling city coalesced around it, is set to close escrow in mid-November. If no glitches surface, that action […]