Portion of Temecula Center Going to Auction

TEMECULA, CA—A major portion of Temecula Town Center, one of the first regional shopping centers to be built in this Riverside County master-planned community, is coming to market and will be open to initial bids Aug. 31.

Built in 1989, some 241,870 square feet of the development’s total 491,728 square feet will be sold at auction, according to Colliers senior vice presidents Michele Schierberl and Donald Ellis, who are marketing the property. Following acceptance of initial bids on Aug. 31, a short list of qualified bidders will be selected for a “best and final” auction to be held in late September.