Oceanside, CA – August 3, 2018 – The Lee Land Team of Lee & Associates, North County San Diego and the Colliers International Land Team of San Diego have completed the sale of the former Oceanside Drive-In Movie Theatre in Oceanside CA. The property was purchased by an affiliate of Zephyr Investors LLC, based in Encinitas CA.  The project, located just 3 miles from the beach, represents one of the last master plan opportunities in the Southern California coastal market and is currently the home of the Oceanside Swap Meet.  The site is approximately 90 acres and is located near Hwy. 76 and Foussat Rd.  Matt Weaver and Al Apuzzo of Lee & Associates and Ciara Trujillo and David Santistevan of Colliers Intl. brokered the sale.  Zephyr closed on the fee simple purchase of the land and also successfully negotiated the termination of a long-term ground lease that previously stalled the property from being redeveloped.  All other terms of the transaction are confidential.

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Celebrating more than 37 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in North America with locations across the U.S. and Canada including Arizona, California, Colorado, Florida, Georgia, Idaho, Illinois, Indiana, Maryland, Michigan, Minnesota, Missouri, Nevada, New Jersey, New York, Ohio, Pennsylvania, South Carolina, Texas, Vancouver BC, Washington and Wisconsin. With almost 900 brokers, Lee & Associates provides a wide range of specialized commercial real estate services on a local, regional, national and international level. For the latest news from Lee & Associates, visit lee-associates.com or follow us on Facebook, LinkedIn and Twitter.