Stos Partners Acquires Industrial Property From Kevin Kelly In Temecula For $7.1M

The industrial property located at 28410 Vincent Moraga Drive in Temecula was sold for $7.1 million. The asset spans 64,678 square feet and features open warehouse space, refrigerated cooler space, a large yard, excess land, dock loading, heavy power, and 125 parking spaces. Calavo Growers, an international farm products company, has used the building as an avocado packing plant since 1985 and will continue operations under a new long-term lease in Suite B.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $7,100,000.00
• Address: 28410 Vincent Moraga Dr, Temecula
• Market: Temecula
• Seller's Rep: Kevin Kelly (CBRE)
• Buyer: Stos Partners
• SF: 64,678

Rob Gunness and Kevin Kelly of CBRE acted as the seller's representatives in the transaction, which saw Calavo Growers, known for avocado distribution, sell the industrial property to Stos Partners. This deal marks a significant transaction in the Temecula market involving prominent industry players.