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Avison Young brokers $1.75-million sale of a fully occupied three-tenant industrial condo in Murrieta

 

Last updated 1/29/2018 at Noon

Pump It Up in Murrieta sold its industrial condo to an Orange-county based investor, with the help of Avison Young and Evergreen Realty. Courtesy photo

SAN DIEGO – Avison Young, the world’s fastest-growing commercial real estate services firm, announced that it has brokered the $1.75-million sale of a fully occupied, three-tenant, 13,797-square-foot industrial condo in Murrieta.

Avison Young principal Stan Nowak and associate Cody Lerner, who are based in the company’s San Diego office, represented the seller, an entity of the property’s largest tenant, Pump it Up, which has signed a new five-year lease. The buyer, an Orange County-based private investor, was represented by Evergreen Realty. The transaction closed at a 6.13 percen...



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