SAN MARCOS, CA (November 18, 2025) – The Escondido Creek Conservancy has officially completed its $4.8 million purchase of the 160-acre White-Atterbury “Franks Peak” property in San Marcos on November 18, 2025, marking a major milestone in the protection of vital open space in North San Diego County. The acquisition was originally approved by the Wildlife Conservation Board (WCB) on August 28, 2025, and was funded through combined state and federal grants, including significant support…
Escondido Creek Conservancy Secures $4.8 Million for Acquisition of 160-Acre White-Atterbury “Franks Peak” Property
Little Dragovic Team Negotiates 17,403 SF Lease Valued at $4,522,612
San Marcos, CA – June 18, 2025– The Little Dragovic Team at Lee & Associates – North San Diego County has successfully negotiated the lease of a 17,403-square-foot freestanding industrial/flex building located at 1655 S. Rancho Santa Fe Rd. in San Marcos, California. The lease was valued at $4,522,612. Strategically located within the La Costa Meadows submarket, the single-tenant flex building is currently being utilized as a daycare and preschool education center, featuring a…
18,452 SF Showroom / Flex Building Sells for $6,016,000
San Marcos, CA – May 14, 2025 – The Little Dragovic Team at Lee & Associates – North San Diego County has successfully negotiated the sale of a 18,452-square-foot freestanding showroom/flex building located at 307 Carmel Street in San Marcos, California. The property was sold for $6,016,000. Strategically positioned just off Highway 78 with exposure to over 178,000 vehicles per day, the single-tenant building features a desirable mix of 40% showroom, 25% office, and 35%…
Former Consulate Hotel in Point Loma Sold for $17.4M
San Diego, CA – February 21, 2025 – The Former Consulate Hotel, located at 2901 Nimitz Blvd. in San Diego’s Point Loma neighborhood, has been sold for $17,400,000. The 110-room hotel, which includes a bar (ABC 47), restaurant, and amenity space, will be redeveloped into a mix of student and market-rate housing by the buyer, Ambient Communities. The 63,234-square-foot building, situated on 0.90 acres, was originally built in 1971. The transaction closed with entitlements…
7-Unit Apartment Building in North Park Sells for $2,940,000
North Park, CA – December 12, 2024 – Lee & Associates – The Von Bluecher Group – the Lee & Associates San Diego Multifamily team – successfully represented the seller in the North Park Multifamily sale of 3746 31st St, a well-maintained apartment building located just steps from University Avenue and the vibrant 30th Street corridor. Through our strategic multi-phase marketing process, we navigated challenges such as a high-interest rate environment, the property’s age, and three vacancies…
60,000 SF State-of-the-Art Industrial Facility for PODS Completed in Desert Hot Springs, CA
Desert Hot Springs, CA – October 29, 2024 – Team Nicholls Martinez is thrilled to announce the completion of a new, state-of-the-art 60,000 square-foot industrial facility for PODS, strategically located on a 3-acre site at the corner of 19th Avenue and Calle de Los Romos, just north of I-10. This custom, Class-A build-to-suit project is designed to support PODS’ expanding operations with cutting-edge capabilities, setting a new standard for industrial facilities in the region. …
Rare Heavy Industrial Property at Port of West Sacramento Sells for $17.99M
West Sacramento, CA – September 19, 2024 – Lee & Associates is pleased to announce the successful sale of a unique heavy industrial-zoned property at 3961 Channel Drive, West Sacramento. The 23.55-acre site, which features direct access to the Sacramento Deep Water Ship Channel, was sold to Teichert Inc., a prominent construction firm, for $17.99 million under its affiliate, Greencycle Properties LLC. Alex Weiss and Greg Pieratt of Lee & Associates represented the Seller, Yara…
Off-Market Multi-Tenant Industrial Property in Vista Sells for $7,350,000
Vista, CA – September 13, 2024 – Isaac Little and Marko Dragovic of Lee & Associates – NSDC have just negotiated the sale of the Creekview Industrial Park, Vista, for $7,350,000 in an off-market transaction. The 30,866 square foot multitenant industrial park consists of 21 units ranging in size from 900 to 4,000 square feet and was 95% leased at the time of sale. Built in 1994, the project has an average of 10% improved…
37.9 Acres of Industrial Land in Otay Mesa Sells for $58M
Otay Mesa, CA – August 21st, 2024 – Rusty Williams, SIOR, Chris Roth, SIOR, Jake Rubendall, SIOR and Andrew Kenny of Lee & Associates – NSDC as well as Eugene Kim of Lee & Associates LA North/Ventura have just sold 5761 Airway Rd in Otay Mesa, San Diego for $58,000,000 in an off-market transaction, which is the largest land transaction to take place in San Diego in the last 2 years. Totaling approximately 37.9…