Alere Sells Moreno Valley Building to CBRE Investors

Alere Property Group is pleased to announce the sale of the Heacock Distribution building in Moreno Valley. The building is 756,340 square feet and is Alere’s first completed development in the Inland Empire. Lowe’s Home Improvement Warehouse occupies 508,000 square feet at the building. CBRE Investors purchased the property for $44.4 million ($58.75 PSF).

March 2006

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Alere Property Group LLC

100 Bayview Circle, Suite 310 Newport Beach, CA 92660

Phone: 949-509-5000

Fax: 949-509-5001

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