Escondido, CA – Lee & Associates, one of the largest national commercial real estate firms, has completed the $900,000.00 sale of a 5,786 square foot office building located at 320 E 2nd Ave in Escondido, CA. The building is located just one block from Downtown Escondido with easy access to Highway 78 and Interstate 15. The building was recently renovated with a new roof, tile floor and kitchen. Michael Golden of Lee & Associates -…
Lee & Associates – North San Diego County Completes the Sale of a 7-Eleven in Salinas, CA
Salinas, CA – February 15, 2019 – Lee & Associates, one of the largest national commercial real estate firms, has completed the $2.16M sale of a 7-Eleven in Salinas, CA. This investment property consists of a 2,251-square-foot retail building that sits on an approximately 0.28 acre parcel. Built in 1987, the building is leased to 7-Eleven Inc. (corporate) who holds an AA- investment credit rating from Standard & Poor’s. The 7-Eleven is ideally located on…
Q4-2018 Quarterly Reports
At the close of 2018, the San Diego Industrial market rental rates again set an all-time high, while the vacancy rate increased over the previous quarter with a significant amount of new construction coming on line. Read More… The San Diego Office market ended the fourth quarter 2018 with a vacancy rate of 9.7%. The vacancy rate was up over the previous quarter, with net absorption totaling positive 133,074 square feet in the fourth quarter. Read…
Lee & Associates – North San Diego County Completes Lease Of Industrial Building in San Diego, CA
San Diego, CA – December 4, 2018 – Lee & Associates, one of the largest national commercial real estate firms, has completed a lease for 6006 Miramar Rd in San Diego, CA. The lease term was negotiated for ten years with the consideration of over $6M. The building features 19,338 SF with showroom, office, parts storage, service area, and 17 service bays. The property is a 3.83 acre parcel situated on a signalized corner. Alex…
Lee & Associates – North San Diego County Completes the Combined Sale of Two Office Suites in Oceanside, CA
Oceanside, CA – January 2, 2019 – Lee & Associates, one of the largest national commercial real estate firms, has completed the $860,000.00 combined sale of two office suites located at 301 Mission Ave in Oceanside, CA. The office suites are part of the Oceanside Terraces. This beautiful multi-use complex featuring on-site conference room, gym facilities with shower, use of natural stone and granite finishes and secured parking. Suite 207 consisting of 1,569 SF in…
Lee & Associates – North San Diego County Land Team Completes the $2.63M Sale of 17.77 Acres Land in Carlsbad, CA
Carlsbad, CA – January 9, 2019 – Lee & Associates, one of the largest national commercial real estate firms, has completed the $2,630,000.00 sale of 17.77 acres of land located along College Blvd in San Diego, CA. The Subject Property is located east of El Camino Real on the south side of College Blvd. (future), approx. 1.5 mile northeast of Palomar Airport, 3 miles east of I-5 and 3 miles south of Highway 78. This…
Lee & Associates – North San Diego County Completes the $2.85M Sale of Industrial Building in Oceanside, CA
Oceanside, CA – December 12, 2018 – Lee & Associates, one of the largest national commercial real estate firms, has completed the $2,850,00.00 sale of a 21,835 SF Industrial building located at 2636 Vista Pacific Dr in Oceanside, CA. The building features two entrances, climate controlled lab area, 35% office space, floor drains, heavy power, bonus upstairs office and storage and a bonus exterior structure with power and lighting. The new owner is expanding their…