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Brennan Investment Group Acquires Industrial Building In Temecula For $26.85M

Property Image
SOLD
$26,850,000

California

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Industrial162,520 SF
Sold 08/31/2023
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Property Image
SOLD

Brennan Investment Group Acquires Industrial Building In Temecula For $26.85M

43195 Business Park Dr Temecula, CA 92590, USA

See Similar Deals
Industrial162,520 SF
Sold 08/31/2023
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$165
Total Square Footage:162,520 SF
Transaction Type:Sale

Brennan Investment Group has acquired an 11.5-acre industrial property located at 43195 Business Park Drive in Temecula. The property consists of a 162,520 square foot building and was sold for a total of $26.85 million. The transaction was completed on August 31, 2023.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $26,850,000
  • Address: 43195 Business Park Drive
  • Market: Temecula
  • Acreage: 11.5 acres
  • Square Footage: 162,520

The property was sold by Furniture City, an entity linked to the seller. The industrial building is conveniently situated just off Interstate 15, providing easy access to major transportation routes. The acquisition was led by Michael Brennan, representing Brennan Investment Group, as the buyer's representative in the transaction.

Players

MB
Brennan Investment Group
Michael Brennan
14 deals$744.1M volume
BUYER

Details

SOLD
IMAGE: Michael Brennan DATE: 08/31/2023 ADDRESS: 43195 Business Park Drive MARKET: Temecula ASSET TYPE: Industrial ~ ACRES: 11.5 BUYER: Brennan Investment Group (@BrennanInvestmentGroup) - Michael Brennan SELLER: Furniture City SALE PRICE: $26,850,000 SF: 162,520 ~ PPSF: $165 NOTE: Brennan Investment Group acquired a 162,520 square foot industrial building in Temecula for $26.85 million.The property was sold by an entity linked to Furniture City and is located just off Interstate 15.

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