Altemus Company Acquires Industrial Property In Vista For $23M

A industrial property located at 970 Park Center Drive in Vista has been sold in a closed transaction. The property spans 76,954 square feet and was sold for a price of $23,000,000, resulting in a price per square foot of $299.

Summary of transaction details:

• Property Type: Industrial
• Sale Price: $23,000,000
• Square Footage: 76,954
• Price per Square Foot: $299
• Address: 970 Park Center Drive, Vista

The buyer of the property is the Altemus Company, represented by David Altemus and Justin Altemus. The seller of the property is Richard Barrett. The buyer's representatives in the transaction are Andrey Mindirgasov and Christopher Smith.

For questions regarding the transaction or to discuss any 1031 requirements, interested parties can contact Chris Smith at (949) 629-0658 or Andrey Mindirgasov at (310) 882-9541.