Saturday , June 22 2024
Sold Sign

Riverside food processing company changes hands

Westcore, a San Diego company that buys and manages industrial and office real estate, has purchased a manufacturing facility in Riverside.

The building, which covers 133,825 square feet, sold for $15.4 million, according to a statement released by Westcore.

Triple H Properties sold the building for $15.4 million. Triple H Food Processors, the building’s longtime tenant and an affiliate of Triple H Properties, will continue to lease the building.

Triple H Food is a contract manufacturer that works with food and beverage customers in all stages of business, from beginning to national brands.

“We’re pleased to add a strong tenant and a functional industrial manufacturing facility to our Southern California portfolio,” said Westcore Managing Director Hack Adams in the statement. “The infill location, long-standing occupancy and flexible building layout provides a strong foundation for an accretive, long-term investment.” 

Since it was founded in 2000, Westcore has acquired, managed, and sold more than $9 billion in industrial and office assets, according to the statement.  

Check Also

Progressive to handle next round of leasing at Chino shopping center

Progressive Real Estate Partners in Rancho Cucamonga will market Chino Hills Marketplace, the regional shopping …

Leave a Reply

Your email address will not be published. Required fields are marked *