CRENews

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…

Escondido, CA – Lee & Associates, one of the largest national commercial real estate firms, completed the sale of an Industrial building located at 670 Opper Street in Escondido, CA. The building is 10,025 SF and features a 24’ warehouse clearance height, 5 grade level doors, heavy power and is zoned M-1. The property sits on a half-acre lot and has easy access to both the 78 and I-15 freeways. Trent France and Michael Golden…

San Marcos, CA – Lee & Associates, one of the largest national commercial real estate firms completed the commercial land sale of the NWC of San Marcos Blvd and Bent Ave in San Marcos. Panera Bread Company is breaking ground to build a new Panera Bread with drive thru. The parcel is approximately 0.85 Acre and is located on a signalized intersection with high traffic counts and great visibility. Al Apuzzo, Matt Weaver, Ryan Bennett,…

Murrieta, CA – Lee & Associates, one of the largest national commercial real estate firms completed a rare southern California commercial land sale to Costco at the NEQ Clinton Keith Rd and the I-215 Freeway. The land is approximately 18.46 acres and is located near Loma Linda University Medical Center and adjacent to The Vineyard, a planned shopping center. Michael Strode, Matt Weaver and Al Apuzzo of Lee & Associates – Riverside & North San…

Escondido, CA – Lee & Associates, one of the largest national commercial real estate firms completed the sale of 315 W Washington Ave in Escondido, CA.  The 17,908 square foot retail building sits on a 2.12 acre lot and is adjacent to City Hall and the California Center for the Arts. Michael Golden of Lee & Associates – North San Diego County represented the Seller, Malakooti & Kaikavoosnejad Revocable Trust.  The Buyer, Goodwill Industries of…

San Marcos, CA – Lee & Associates, one of the largest national commercial real estate firms completed the sale of 1.6 net acres.  The property is positioned near the intersection of Rancho Santa Fe Road and San Elijo Road in the City of San Marcos, County of San Diego. Located in the Old Creek Ranch Specific Plan, the property borders San Marcos’ prestigious master-planned community, San Elijo Hills. Surrounded by several new home communities built…

San Marcos, CA – Lee & Associates, one of the largest national commercial real estate firms completed the sale of 1320 Grand Ave in San Marcos.  The investment property features 52,250 square feet divided into approximately 37 suites.  The suites are from 824-3,744 square feet each.  “This asset type is in very high demand in today’s market because of its small unit sizes, freeway visible location, and the overall strength of the industrial market in…

Vista, CA – Lee & Associates, one of the largest national commercial real estate firms, has completed the sale an 11,971 square foot net leased investment property located at 1046-1050 La Mirada Court, Vista.  At the time of sale, the building was leased on a long-term basis by H2O Innovation USA, Inc who specializes in water filtration, wastewater treatment and water reuse. The property was sold for $2,454,000 ($205/SF) with a first year Capitalization Rate…

San Marcos, CA – Lee & Associates, one of the largest national commercial real estate firms, has completed the $3.925M sale of a 22,565 square foot industrial building located at 674 Rancheros Drive. The building features a 20,000 square foot paved fenced yard area, 8,000 SF office space, 5 Dock High Doors, and 1 Grade Level Door. Rusty Williams, Chris Roth and Jake Rubendall of Lee & Associates – North San Diego County, represented the…