Waseem and Najla Samaan purchased the 5,700-square-foot multi-tenant retail building at 31685 Redhawk Parkway in Temecula, part of the Redhawk Towne Centre, for $3.15 million, or about $552.50 per square foot. The sale produced a cap rate of 6.1%. This transaction was part of a 1031 exchange for the buyer and the seller.