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Red Tail Acquisitions Purchases Palm Springs Industrial Building

Saunders Divests Montalvo Way Property for $6.4 Million
The manufacturing building was constructed in 2004 on 2.3 acres in the Coachella Valley industrial market of Riverside County. (CoStar)
The manufacturing building was constructed in 2004 on 2.3 acres in the Coachella Valley industrial market of Riverside County. (CoStar)
By Joe Scheitlin
November 7, 2022 | 4:28 P.M.

Red Tail Acquisitions purchased the industrial facility at 1301 Montalvo Way in Palm Springs, California, for $6.4 million, or about $145 per square foot, from Saunders Property Co.

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