Acquired in March 2019, this multi-tenant medical office building is strategically located just east of I-15 on Rancho California Road. The property is approximately 45,661 square feet and is home to key tenants, such as Viking Clinical Research as well as doctors of every discipline and a large group of dentists. Shortly after acquisition, we rehabilitated the property, which included lobby renovation, air conditioning, new roof and removal of many trees to improve visibility from the street. New furniture and art-work of Temecula wine country was installed throughout the corridors to assure tenants, clients and visitors all feel comfortable and welcome.
Acquired in March 2017, this building is strategically located on Rancho California Road just west of the I-15 freeway in Temecula. This two-story, multi-tenant office building is approximately 46,785 square feet and is home to several major tenants including: Charter School Management Corporation, HomeGoods (regional office) and CBRE (regional office). In addition, we operate and management numerous executive suites located on the second floor of the building. Shortly after purchasing the property, we were able to substantially increase the occupancy as a result of our management and physical upgrades to the property.
Acquired in May 2020, this property consists of two, two-story multi-tenant professional buildings(27393 and 27403 Ynez Road Temecula, CA 92591) strategically located adjacent to I-15 at Rancho California Road in Temecula, California. The property measures approximately 35,058 square feet and is located within the Tower Plaza Retail Center, which contains regional and national tenants such as: AMC Theatres, Michael’s, Big Lots and many others. Suite sizes range from 310 square feet up to 1,700 square feet and the property can accommodate office and medical users.
Purchased by M.C. Strauss Company in 2003, we performed full-scale renovation in 2016 that enhanced design features for both the interior and exterior of the property. The Hemet Valley Mall won 9 awards for the design and creativity of the remodel. We are also owners of additional acreage on the north side of the mall that we are holding for future development. We are contemplating using a portion of the acreage for multi-family development, and holding the remaining acreage for future commercial development.