RV builder sells, leases back headquarters
Options to renew lease could extend occupancy through 2027
By Inman News, Wednesday, July 18, 2007.First Industrial Acquisitions Inc. recently purchased a 595,000-square-foot industrial complex in Perris, Calif., for $31.8 million.
National RV Holdings Inc. sold the property and will lease it back for 10 years with two five-year renewal options.
The property, which is located at 3411 N. Perris Blvd., consists of five industrial buildings on 48 acres. The buildings, which were constructed between 1986 and 2001, house the company's assembly facility, development center and corporate headquarters.
Copyright 2007 Inman News
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