Temecula Warehouse with Good Bones Grabs Westcore’s Attention

Westcore recently acquired a 108,927-square-foot warehouse building at 28381 Vincent Moraga Dr. in Temecula from a private party for $16 million. The building features 40- to 42-foot clear heights and an existing sprinklered racking system.

The 6.65-acre site also boasts ample dock-high loading and a fully secured truck yard. Westcore will make several cosmetic and deferred maintenance improvements to the property including drought-tolerant landscaping, and a new roof, skylights and interior office enhancements.

“This building has very good bones and sits in an extremely tight submarket with vacancy that hovers around 1 percent and very limited new construction,” said Hack Adams, managing director at Westcore. “Along with the planned cosmetic and deferred maintenance items we are planning to handle immediately, the building’s impressive 40-foot clear height, ample loading and ability to offer a secured truck yard and/or lay-down yard, we are very optimistic this asset will attract strong interest from the immediate South Riverside submarkets or the nearby Northern San Diego market.”

Randy Lockhart of Newmark represented Westcore, while the seller was self-represented.