Taico plans to build 11 small industrial buildings on theproperty ranging from 4,000 sf to 7,000 sf, for a total of 65,000sf when completed. The project's value when built out will beroughly $6.5 million. The concrete tilt-up structures will offercontemporary architectural design, fenced yards, fee-simpleownership and direct access to hiking trails around Talega.Construction is expected to start in January with estimatedcompletion by June 2001.
This project is the beginning of several developments that willincorporate Talega's lifestyle theme: "Everyone should live andwork in a place like this, sometime."
Brokers from Lee & Associates' Irvine office represented theseller in the transaction. The buyer was represented by Lee &Associates' Orange office.
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