July 26, 2021 Carlsbad CA – Lee & Associates, a nationwide leader in commercial real estate services, announces the sale of Green Oak Villas, a fully entitled 103 townhome project in Vista CA. Located on the corner of Green Oak Rd. and Sycamore Ave. in Vista CA the site consists of a fully entitled 2 story townhome site with a grading permit ready to be pulled. “It is rare to have a fully entitled site…
Multifamily Advisory Group Completes Sale of 6-Unit Property in Santa Monica, CA
Santa Monica, CA – Eric von Bluecher, with Lee & Associates-North San Diego County’s Multifamily Advisory Group, has completed the investment sale of a 6-unit multifamily building at 1326 Yale, in Santa Monica, CA. The property featured two vacant units, providing an outstanding value-add investment opportunity for the buyer. The property sold at a cap of 3.55% on current rents and 6.28% cap on market rents, which is the 7th-lowest reported cap rate in Santa…
Industrial Team Negotiates $20.5M Lease
Vista, CA – Lee & Associates – North San Diego County has completed the $20,500,000 lease of a 155,000 square-foot single-tenant industrial building located at 1395 Park Center Drive, Vista CA. The freestanding facility features 20,000 SF of office space (13%), 4 dock high doors, 8 grade level doors and 135,000 SF of warehouse space with 4,000 amps 277/480-volt power. The tenant, M2 Ingredients, signed a long term lease and will use the new facility…
Investment Team Completes $12.56M Sale of CVS Portfolio
Heath, TX/Sandy, UT – Lee & Associates, one of the largest national commercial real estate firms, has completed the nearly $12.3 million investment sale of a 2-property CVS portfolio in Heath, TX (Dallas MSA) and Sandy, UT (Salt Lake City MSA). Both CVS properties had 20+ years remaining on their absolute NNN leases and were originally developed as build to suit projects back in 2015. Each respective property was located on a signalized hard corner…
Lee & Associates – North San Diego County Completes the $825,000 Sale of a Small Office Building in Oceanside
Oceanside, CA – Lee & Associates, one of the largest national commercial real estate firms, has completed the $825,000 sale of an approximately 2,000-square-foot office building located at 709-711 Pier View Way in downtown Oceanside, CA. The small office property is situated along Pier View Way directly across from Oceanside’s City Hall and Oceanside Museum of Art, and features an urban design with high ceilings, large open interior space and a front patio area. Jeff…
Lee & Associates – North San Diego County Industrial Team Negotiates a $1.15M Industrial Yard Sale
San Marcos, CA – Trent France, Isaac Little and Marko Dragovic of Lee & Associates – North San Diego County negotiates a $1,150,000 sale on a 0.70-acre yard property located at 149 Pawnee Street, San Marcos, CA. The property featured a 1,520 SF concrete block Industrial building located on a fenced and gated 0.70-acre concrete yard. Trent France, Isaac Little and Marko Dragovic of Lee & Associates – North San Diego County represented both the…
Lee & Associates – North San Diego County Industrial Team Negotiates a Five-Year Lease Valued at $1,963,000
Vista, CA – April 13th, 2021 – Isaac Little and Marko Dragovic of Lee & Associates – North San Diego County represented the Landlord, Wilco Investments on a lease valued at $1,963,000 for a 31,776 square foot industrial building located at 2750 La Mirada Drive, Vista CA. The freestanding facility features 30% office, 5 Grade Level doors, 3 Dock High doors and a fully fenced and secured yard area. The Tenant, Atwater Supply, Inc., was…
Lee & Associates – Negotiates Sale of 11-Unit Multifamily Investment for Over $4.7M
Santa Monica, CA – April 19th, 2021 – Eric von Bluecher of Lee & Associates, Multifamily Advisory Group – North San Diego County, a leading commercial real estate brokerage firm specializing in investment sales and advisory services, represented the Seller, Los Gavilanes LLC, in the sale of 1245 10thStreet. The 11-unit building is a well maintained, mostly stabilized multifamily investment located on 10th and Wilshire in Santa Monica. Each unit offers spacious, efficient, and bright floor…
Lee & Associates – Negotiates Lease of Industrial Suite for over $8.5M
Carlsbad, CA – April 9, 2021 – Rusty Williams, Chris Roth, and Jake Rubendall of Lee & Associates – NSDC have just leased 2800 Whiptail Loop. The 46,838 square foot industrial suite features 8 dock high positions, a 32’ clear height, and heavy power. Rusty Williams, Chris Roth and Jake Rubendall represented the Tenant, Aethercomm, Inc. The Landlord, Gateway Pacific View, LLC with Ryan Companies US, Inc, were represented by Roger Carlson, Sean Williams and…