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Avison Young represents off-market acquisition of an industrial property in Temecula, CA
August 18, 2020
Ontario, CA – Avison Young, the world’s fastest-growing commercial real estate services firm, announced today that it has completed the off-market acquisition of a 7,474 square-foot industrial property. The building is located at 43205 Business Park Drive in Temecula, CA.
Avison Young Senior Vice President Cody Lerner and Principal Stan Nowak, who are both located in the Inland Empire office in Ontario, represented the buyer. The seller, Florida-based Business Park Drive, LLC, was self-represented.
Built in 1991, the property is situated on one acre of land and includes two grade-level doors.
Lerner and Nowak are continuing to service their clients’ commercial real estate needs throughout the Inland Empire, successfully navigating the additional challenges faced resulting from the pandemic.
Avison Young is the world’s fastest-growing commercial real estate services firm. Headquartered in Toronto, Canada, Avison Young is a collaborative, global firm owned and operated by its Principals. Founded in 1978, with legacies dating back more than 200 years, the company comprises thousands of real estate professionals in more than 100 offices around the world. The firm’s experts provide value-added, client-centric investment sales, leasing, advisory, management and financing services to clients across the office, retail, industrial, multi-family and hospitality sectors.
Avison Young is a 2020 winner of the Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for nine consecutive years.