Vista, CA – January 31, 2023 – Jeff Abramson of Lee & Associates – NSDC has completed the sale of a 31,840 square foot, mixed-use 2-story freestanding building at 1070 S Santa Fe Ave for $6,675,000. The buyer, a well-known real estate development company, plans to convert the former office retail space into a residential community. Situated on 2.34 acres, this prime location offers ample space for the planned transformation. The new residential development will…
Lee & Associates – Williams Roth Group Sells 37,530 SF Industrial Building in Poway for $13.8M
Poway, CA – November 8, 2022 – Rusty Williams, SIOR, Chris Roth, SIOR, and Jake Rubendall of Lee & Associates – NSDC have just sold 13955 Stowe Drive in Poway. This 37,530 square foot freestanding single-tenant industrial building features two dock high and two grade level doors, a 24’ clear height, and 20% office. The Williams Roth Group of Lee & Associates represented the Buyer, Altemus Company and James Duncan and Mickey Morera of Kidder…
Lee & Associates – Williams Roth Group Sells 129,000 SF Industrial Building in Poway for $35M
Poway, CA – November 1, 2022 – Jake Rubendall, Rusty Williams, SIOR, Chris Roth, SIOR, and of Lee & Associates – NSDC have just sold 13100 Danielson Street in Poway for $35,100,000 in an off-market transaction. The approximately 129,910 square foot industrial building is 25 percent office and features four loading docks, five additional exterior dock positions, 24-foot clear height and ample power. It sits on 7.22 acres with secured drive around access. It’s convenient…
Williams Roth Group Sells Single-Tenant Industrial Building in Poway for $11M
Poway, CA – October 25, 2022 – Rusty Williams, SIOR, Chris Roth, SIOR, and Jake Rubendall of Lee & Associates – NSDC have just sold 13535 Danielson Street in Poway in an off-market transaction. This approximately 30,667 square foot freestanding single-tenant industrial building is fully temperature-controlled and features two dock high doors, one grade level door, and a 26’ clear height. The Williams Roth Group of Lee & Associates North San Diego County represented the…
Lee Land Team Sells a 600+ lot Development Valley Center CA
Lee & Associates, a nationwide leader in commercial real estate services, and the Lee Land Team, announce the $6.3M sale of an 84.7-acre site in Valley Center CA. The property is located Valley Center Rd. and Cole Grade Rd. in Valley Center CA, and is zoned for up to 611 residential lots. Matt Weaver, Patrick Miller, Al Apuzzo and Alex Bentley represented both the Seller, Weston – Valley Center LLC and the Buyer, Indian Creek…
The Inventory Issue
March 24, 2022 | Alex Weiss Lee & Associates, Inc. – North San Diego County A former manager of mine used to refer to the commercial real estate business as “Mr. Toads Wild Ride.” It was a phrase that described the unpredictability in the industry and to be ready for whatever life throws at us next and to create solutions whenever necessary. The phrase was mainly in context with our own brokerage careers, but it…
38-Unit Multifamily Investment Property in El Cajon Sold for $9M
El Cajon, CA – January 25, 2022 – Lee & Associates Multifamily Advisory Group (MAG) and Eric von Bluecher just completed the sale of 38 Units in El Cajon. The property was well maintained and featured 16, two bed, one bath units, 16, one bed, one bath units, six studios, 31 parking spaces, community pool and laundry room. Eric von Bluecher and the Lee & Associates Marketing Team executed full marketing on the property, generated multiple offers from…
Work From Home: COVID Fad or Long-Term Trend?
January 12, 2022 | Tim Gosselin – Principal | Lee & Associates North San Diego County