Core5 Industrial Partners Acquires 10.84-Acre Industrial Site In Menifee For $10.8M From Michael LaPaglia

Core5 Industrial Partners has acquired a 10.84-acre industrial site located at the Southwest Corner of Sherman & Ethanac Roads in Menifee. The property was purchased from Michael J LaPaglia's entity for a total price of $10.8 million. The purpose of the site has not been disclosed at this time.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $10,800,000
• Address: Southwest Corner of Sherman & Ethanac Roads
• Market: Menifee
• Buyer: Core5 Industrial Partners - Timothy Gunter
• Seller: Michael LaPaglia
• Image: Timothy Gunter
• Date: 08/16/2023
• Acres: 10.84

Timothy Gunter, representing Core5 Industrial Partners, was instrumental in the acquisition of this industrial site. Core5 Industrial Partners has a history of national industrial development, indicating expertise in this sector. The purchase of this 10.84-acre property adds to their portfolio and further strengthens their presence in the market.