Avison Young completes $9.35 million sale of an industrial building in Temecula
TEMECULA – Avison Young, the world’s fastest-growing commercial real estate services firm, announced that it has completed the $9.35 million sale of a 102,320-square-foot industrial distribution and warehouse building located at 40761 County Center Drive in Temecula.Avison Young Principal Stan Nowak and vice president Cody Lerner, who are both located in the Inland Empire office in Ontario, represented the seller Hill Properties/Rustica-Hill Temecula LLC, as well as the buyer, Kiwi II Construction. The asset is currently occupied by Walmart who renewed its lease for three years shortly after closing the deal.Built in 1988 and situated on nearly 5 acres, the well-maintained asset is located just one-mile from Interstate 15 at the Winchester Road exit. It features a newly refu