Escondido, CA – Rusty Williams, Chris Roth and Jake Rubendall of Lee & Associates, Inc – North San Diego County have just completed the sale of 325 Market Place in Escondido totaling $1,982,600. The 10,998 square foot industrial building features four grade level doors, 20’ ceiling clearance, gas to building, gated excess yard, covered outdoor workspace, and a bonus mezzanine storage area. Rusty Williams, Chris Roth and Jake Rubendall represented both the Buyer, X3 Management…
Lee & Associates – Riverside and North San Diego County Completes Commercial Land Sale Totaling Over $4M
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…
Lee & Associates – North San Diego County Completes Investment Sale of Retail Building Totaling $6,075,000.00
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…
Lee & Associates – North San Diego County Completes Land Sale Totaling $2,450,000.00
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…
Lee & Associates – North San Diego County Completes Sale of Industrial Building Totaling $9.250M
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…
All About Opportunity Zones
A valuable breakdown of the benefits Garrett Parsons, Lee & Associates Inc. – NSDC WHAT IS THE OPPORTUNITY ZONE PROGRAM? The Opportunity Zone program is a tax incentive program that was brought to the public through the Tax Cuts and Jobs Act of 2017 with the goal of bringing long term investment capital into low-income areas to stimulate local economies and rehabilitate distressed cities. Through the program, governors of the 50 states and 4 territories…
Lee & Associates – North San Diego County Completes $2.454M Sale of Three Industrial Buildings in Vista, CA
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…
Lee & Associates – North San Diego County Completes $3.925M Sale of an Industrial Building in San Marcos, CA
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…
Lee & Associates – North San Diego County Completes $3.9M Sale of Industrial Building in San Marcos, CA
San Marcos, CA – Lee & Associates, one of the largest national commercial real estate firms, has completed the $3.9M sale of an 18,452 SF industrial building located at 307 E Carmel Street in San Marcos, CA. The building features 30% showroom, 30% office and 40% warehouse with freeway frontage directly on Highway 78. The property, formerly occupied by SoCal Piano was purchased by an investor who leased the facility to Chefs Toys, LLC under…