Brennan, WDIP Team Up on Temecula Sale-Leaseback

Brennan Investment Group has partnered with Walker & Dunlop Investment Partners to acquire a freestanding manufacturing and distribution facility. It totals 160,561 square feet in the Rancho California Business Park at 43195 Business Park Dr. in Temecula, within the southern Inland Empire and northern San Diego submarkets. Furniture City will lease the building back on a short-term basis as it builds a larger facility in another market.

The property sits on 11.5 acres and has a secure fenced yard spanning 1.5 acres, providing ample outdoor space for additional truck and trailer parking. The facility also includes 15,000 square feet of office space and an additional 15,000 square feet of HVAC production area to accommodate diverse business needs.

“The Temecula facility will provide tenants with a lower price alternative, compared to its neighbors to the north and to the south, with a strong labor pool,” said Tim Gudim, managing principal for Brennan’s West Coast market. “High occupancy rates and strong tenant demand were key considerations in making our investment decision.”

Connect Orange County will take place Sept. 27, 2023 at VEA | Newport Beach Marriott in Newport Beach, concurrently with Connect Healthcare Real Estate on Sept. 27 and 28. Click here to register for Connect Orange County, and here to register for Connect Healthcare Real Estate.