Doug Arthur Of SENTRE Acquires Industrial Facility In Temecula From Henry Steinberg For $37.5M

EQT Real Estate sold a 275,243-square-foot industrial facility located at 41980 Winchester Road in Temecula, CA to SENTRE for $37,500,000, equating to a price per square foot of $136. The property features 26-foot clear heights and is fully leased, benefiting from strong regional logistics access to major Southern California distribution corridors including San Diego, Orange County, and the Inland Empire.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $37,500,000
• Buyer: Doug Arthur - SENTRE
• Seller: Henry Steinberg - EQT Real Estate
• Brokers: Bryce Aberg, Jeff Chiate, Rick Ellison, Charlie Jacobs, Matthew Leupold & Aubrie Monahan - Cushman & Wakefield
• Mortgage Brokers: Max Schafer & Brian Share - Cushman & Wakefield

Cushman & Wakefield represented both the seller in this transaction and facilitated the acquisition financing for the buyer. This transaction showcases the collaboration between multiple key brokers within the industry, facilitating a smooth transition of ownership for the property.