Temecula, California, August 26, 2025
News Summary
NewFront Properties has successfully acquired the D & D Industrial Center in Temecula, California, for $6.7 million. This strategic acquisition marks a significant expansion for the Newport Beach-based firm, which aims to grow its portfolio of industrial properties in the Inland Empire. The region’s favorable logistics environment continues to attract investors, driven by increasing demand for warehouse and distribution spaces, particularly due to the e-commerce boom.
California
NewFront Properties, a privately owned commercial real estate investment firm located in Newport Beach, California, has successfully acquired the D & D Industrial Center in Temecula. The acquisition was finalized for a total price of $6.7 million, equating to $147 per square foot.
The D & D Industrial Center is strategically positioned within California’s Inland Empire, an area renowned for its strong logistics and distribution capabilities. This purchase marks a significant expansion for NewFront Properties, which aims to enhance its portfolio of industrial properties.
The Inland Empire, a prime commercial real estate market, continues to attract investors due to its robust economic growth and proximity to major transportation routes. Temecula, specifically, has benefited from an uptick in demand for industrial spaces, driven by the growth of e-commerce and logistics operations in the region.
Details of the Acquisition
NewFront Properties secured the D & D Industrial Center, which is recognized for its prime location and modern facilities. The firm has its sights set on maximizing the value of this acquisition through enhancements and strategic management. The price of $6.7 million reflects the competitive nature of the Temecula market, where industrial spaces have been increasingly sought after. At $147 per square foot, the purchase highlights a growing trend of escalating prices within the industrial real estate sector.
Company Overview
NewFront Properties is known for its commitment to commercial real estate investments tailored to meet the evolving demands of the market. The Newport Beach-based firm has been actively acquiring properties that align with its growth strategy, which focuses on expanding its footprint in high-demand areas. By investing in the D & D Industrial Center, NewFront Properties continues its strategy of creating a diversified portfolio that includes prime industrial locations.
Market Conditions
The acquisition comes at a time when the industrial real estate sector is experiencing significant growth. The Inland Empire’s favorable logistics environment, marked by proximity to major highways, rail lines, and the ports of Los Angeles and Long Beach, is essential for attracting industrial tenants. This trend is complemented by an increasing demand from businesses looking for warehousing and distribution facilities to support their operations, particularly in light of the growth in online retail.
The involvement of Lee & Associates Commercial Real Estate Services in the acquisition underscores the collaborative nature of the commercial real estate landscape in the region. Senior Vice President and Vice President roles within the company play an instrumental part in guiding such transactions, ensuring that investors like NewFront Properties are well-informed and strategically positioned.
Conclusion
The acquisition of the D & D Industrial Center by NewFront Properties represents a significant milestone in the company’s expansion strategy, capitalizing on the strong demand for industrial real estate in California’s Inland Empire. As the market continues to evolve, NewFront Properties is poised to explore additional opportunities that align with its vision of sustainable growth.
FAQ
What company acquired the D & D Industrial Center?
NewFront Properties acquired the D & D Industrial Center.
How much did the acquisition cost?
The purchase price was $6.7 million.
What is the price per square foot for the D & D Industrial Center?
The cost was $147 per square foot.
Where is the D & D Industrial Center located?
It is located in Temecula, California.
Who provided assistance for the acquisition?
Lee & Associates Commercial Real Estate Services assisted in the acquisition, with senior vice presidents and vice presidents playing key roles.
Key Features of the Acquisition
| Feature | Details |
|---|---|
| Acquisition Company | NewFront Properties |
| Location | Temecula, California |
| Purchase Price | $6.7 million |
| Cost per Square Foot | $147 |
| Market Type | Industrial Real Estate |
Deeper Dive: News & Info About This Topic
- CoStar: NewFront Buys Southern California Mixed-Use Business Park
- Wikipedia: Temecula, California
- CoStar: D & D Industrial Center Acquisition
- Google Search: Industrial Real Estate California
- CoStar: D & D Industrial Center Insights
Author: STAFF HERE HUNTINGTON BEACH
The Huntington Beach Staff Writer represents the experienced team at HEREHuntingtonBeach.com, your go-to source for actionable local news and information in Huntington Beach, Orange County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Huntington Beach Surf City USA Marathon, the U.S. Open of Surfing, Fourth of July celebrations at the Huntington Beach Pier, and community festivals at Huntington Beach Central Park. Our coverage extends to key organizations like the Huntington Beach Chamber of Commerce and Visit Huntington Beach, plus leading businesses in retail, hospitality, and outdoor recreation that drive the local economy. As part of the broader HERE network, including HEREAnaheim.com, HERECostaMesa.com, HERESantaAna.com, and HERELosAngeles.com, we provide comprehensive, credible insights into Southern California's dynamic landscape.
