Collierville, TN – Lee & Associates, one of the largest national commercial real estate firms, has completed the $15,400,000 sale of an approximately 126,213-square-foot industrial building that sits on an approximately 9.07-acre parcel and is located at 477 Distribution Pkwy, in Collierville TN. The building is leased to FedEx Forward Depots, Inc., a subsidiary of Federal Express Corporation. FedEx has been operating at this location for over 15 years and recently executed a 5-year lease…
Kentucky Fried Chicken in Shakopee, MN Sells for $1.42 Million
Shakopee, MN – Lee & Associates, one of the largest national commercial real estate firms, has completed the $1,420,000 investment sale of a 3,534-square-foot standalone retail building with drive-thru in Shakopee, MN, a suburb of the Twin Cities, located 25 miles to the southwest. The building is leased to the largest Kentucky Fried Chicken franchisee operator in the State of Minnesota. There are 11 years remaining on the 15-year absolute NNN lease, which featured 1.50%…
102,000-SF Industrial Building in Normal, IL Sold for $4.85 Million
Normal, IL – Lee & Associates, one of the largest national commercial real estate firms, has completed the $4,850,000 investment sale of an approximately 102,000-square-foot manufacturing and warehouse facility on 7.59 acres located at 2219 W. College Avenue in Normal, IL. The building is leased to Superior Consolidated Industries dba SC2 Services, Inc. (www.sc2services.com), a third-party logistics services (3PL), filtration, warehousing, contract packaging, industrial finishing, kitting, sequencing, sub-assembly and manufacturing support for Tier 1 and…
542 Unit, Fully Entitled Apartment Site Sells in Murrieta CA
September 8, 2021 Carlsbad CA – Lee & Associates, a nationwide leader in commercial real estate services, announces the sale of a 542 unit apartment site on Los Alamos Rd in Murrieta CA. The sale was brokered by the Lee Land Team consisting of Matt Weaver, Al Apuzzo and Alex Bentley. The property consists of 24.81 acres and is substantially mass graded. The 542 unit site consists of 2 phases. “There is a lack of…
31 Acre Final Map adjacent to Bedford master plan sells in Corona CA
Carlsbad CA – August 12, 2021 – Lee & Associates, a nationwide leader in commercial real estate services, announces the sale of a 31-acre development within the Bedford Specific Plan in Corona, CA. The sale was brokered by the Lee Land Team consisting of Matt Weaver and Al Apuzzo. The property consists of 17.4 acres that allows for approximately 125 dwelling units with various densities within the specific plan and 11.1 acres in open space….
Multi-Tenant Industrial & Office Park Sells for $9.7M
Carlsbad, CA – August 16, 2021 – Rusty Williams, SIOR, Chris Roth, SIOR, and Jake Rubendall of Lee & Associates – NSDC have just sold 1945-1947 Camino Vida Roble in Carlsbad, a rare multi-tenant industrial and office business park. The sale of the two buildings totaling 53,057 square feet features a 14-suite industrial building and a 17-suite Class B office building that was recently renovated. The Williams Roth Group of Lee & Associates represented the…
11,650 SF Industrial Building Sells in San Marcos
Lee & Associates – North San Diego County announces the sale of 11,650 square-foot, industrial building at 2750 S Santa Fe Ave, CA for $2.59 million, or $222/SF. Trent France and Michael Golden of Lee & Associates – NSDC represented the buyer, Vascan Tile, and Steven Crockett of Lee & Associates – NSDC and Matt Calvet of Kidder Mathews represented the Seller, Gill Gregory Trust. The recently remodeled building is situated one block from the…
High-Water Mark Set for Medical/Office Building Sales in North San Diego County
July 29, 2021 (San Diego, CA) – Lee & Associates – North County San Diego announces the sale of 6,300 square-foot, Class A medical office building at 2010 Cassia Road in Carlsbad, CA for $4.7 million, or $746/SF. James Bengala, Alex Gudim and Selina Sounakhene of the CORE Office Group at Lee & Associates – NCSD represented the seller. The building which completed construction in 2007 is situated at the signalized intersection of El Camino…
103 unit approved town home site sells in Vista CA
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…