DEAL OVERVIEW

Selling Price: $13,930,000 ($115.92/SF)

Sold Off-Market to Private 1031 Exchange Investor

Key Tenants: Penske Logistics

PROPERTY SUMMARY

The MacLeod Group has closed the sale of a new construction ±120,171 square foot building in Perris, California.  This class-A building sits on a 298,386 square foot (6.85 acre) lot and features a private fenced lot, 32′ minimum clear height, ESFR sprinkler system, 3% skylights, 2,000 amps of power, and twenty four (24) dock high doors. This industrial building was sold off-market to a private investor. Buyer exclusively represented by The MacLeod Group.