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Palm Desert Flex Bldgs Sold for $3.3M

Renken & Co. purchased two flex properties at 77622 Country Club Dr. in Palm Desert, CA for $3.3 million, or about $100 per square foot, from a private trust.

Built in 1988, the two buildings total 32,910 square feet on approximately 2.2 acres located at the northeast corner of Park Center Dr., part of the Country Club Business Park. The two assets were 97 percent occupied at the time of sale.

Steve Metzler of Industrial West, Inc. represented…

via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/Palm-Desert-Flex-Bldgs-Sold-for-$33M/154315?ref=/News/Article/Palm-Desert-Flex-Bldgs-Sold-for-$33M/154315&src=rss

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