{"id":1471,"date":"2018-09-05T13:22:12","date_gmt":"2018-09-05T20:22:12","guid":{"rendered":"https:\/\/www.lee-associates.com\/sandiegonorth-dev\/?p=1471"},"modified":"2021-09-22T19:56:23","modified_gmt":"2021-09-23T02:56:23","slug":"lee-associates-north-san-diego-county-completes-the-combined-2-230m-sale-of-an-investment-industrial-property-industrial-lot-in-escondido-ca","status":"publish","type":"post","link":"https:\/\/www.lee-associates.com\/sandiegonorth\/2018\/09\/05\/lee-associates-north-san-diego-county-completes-the-combined-2-230m-sale-of-an-investment-industrial-property-industrial-lot-in-escondido-ca\/","title":{"rendered":"Lee &amp; Associates \u2013 North San Diego County Completes the Combined $2.230M Sale of an Investment Industrial Property &amp; Industrial Lot in Escondido, CA"},"content":{"rendered":"<div id=\"pl-1471\"  class=\"panel-layout\" ><div id=\"pg-1471-0\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-1471-0-0\"  class=\"panel-grid-cell\" ><div id=\"panel-1471-0-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<p><strong>Escondido, CA \u2013 August 31, 2018 \u2013<\/strong> Garrett Sholer and Trent France both Senior Vice Presidents at Lee &amp; Associates North San Diego County, completed the combined, $2.230M sale, of two industrial buildings (comprising approx. 15,945 SF) and an adjacent industrial lot of approximately 6,500 SF. The buildings are located at 837 &amp; 847 Metcalf St in Escondido, the lot at 851 Metcalf Street in Escondido. The larger, Southern structure is approx. 9,900 sq. ft. and the smaller, North structure is comprised of approx. 6,045 sq. ft. Both structure are of masonry block construction and each is on a separate parcel. Each structure is leased and operated autonomously by separate tenants, making this a flexible investment property for the Buyer. The combined contiguous property is just over 1 acre in size and is secured by a chain link and wrought iron fence. The adjacent lot, at 851 Metcalf St. will likely be used in the future by one of the existing tenants.<\/p>\n<p>After consulting for many months with the Sellers of the Metcalf properties, one of which was a Trust in probate proceedings, Mr. Sholer and Mr. France created a comprehensive Offering Memorandum and marketing campaign for the subject properties. Soon after the launch of the successful marketing campaign, multiple offers were generated, ultimately yielded a Selling price at over 95% of the original List Price.<\/p>\n<p>Garrett Sholer and Trent France of Lee &amp; Associates \u2013 North San Diego County, represented both the Buyer and the Sellers, Rodney Gilbert, The Beverly Gilbert Estate and the Janacek Living Trust. The Buyer, Urban West Ventures, Inc will continue to operate the property as an investment property.<\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><div id=\"pg-1471-1\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-1471-1-0\"  class=\"panel-grid-cell\" ><div id=\"panel-1471-1-0-0\" class=\"so-panel widget widget_sow-image panel-first-child panel-last-child\" data-index=\"1\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-image so-widget-sow-image-default-8b5b6f678277-1471\"\n\t\t\t\n\t\t>\n<div class=\"sow-image-container\">\n\t\t\t<a href=\"http:\/\/www.lee-associates.com\/elee\/sandiego\/web\/resume\/Garrett_Sholer.pdf\"\n\t\t\t\t\t>\n\t\t\t<img \n\tsrc=\"https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2016\/06\/LA2-089c-512x512.jpg\" width=\"512\" height=\"512\" srcset=\"https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2016\/06\/LA2-089c-512x512.jpg 512w, https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2016\/06\/LA2-089c-1280x1280.jpg 1280w, https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2016\/06\/LA2-089c-256x256.jpg 256w, https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2016\/06\/LA2-089c-768x768.jpg 768w, https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2016\/06\/LA2-089c-1536x1536.jpg 1536w, https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2016\/06\/LA2-089c-2048x2048.jpg 2048w, https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2016\/06\/LA2-089c-500x500.jpg 500w, https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2016\/06\/LA2-089c-150x150.jpg 150w, https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2016\/06\/LA2-089c-300x300.jpg 300w, https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2016\/06\/LA2-089c-1024x1024.jpg 1024w\" sizes=\"(max-width: 512px) 100vw, 512px\" title=\"Garrett Sholer\" alt=\"\" \t\tclass=\"so-widget-image\"\/>\n\t\t\t<\/a><\/div>\n\n<h3 class=\"widget-title\">Garrett Sholer<\/h3><\/div><\/div><\/div><div id=\"pgc-1471-1-1\"  class=\"panel-grid-cell\" ><div id=\"panel-1471-1-1-0\" class=\"so-panel widget widget_sow-image panel-first-child panel-last-child\" data-index=\"2\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-image so-widget-sow-image-default-8b5b6f678277-1471\"\n\t\t\t\n\t\t>\n<div class=\"sow-image-container\">\n\t\t\t<a href=\"http:\/\/www.lee-associates.com\/elee\/sandiego\/web\/resume\/trentresume.pdf\"\n\t\t\t\t\t>\n\t\t\t<img \n\tsrc=\"https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2016\/06\/LA109cc-512x512.jpg\" width=\"512\" height=\"512\" srcset=\"https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2016\/06\/LA109cc-512x512.jpg 512w, https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2016\/06\/LA109cc-1280x1280.jpg 1280w, https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2016\/06\/LA109cc-256x256.jpg 256w, https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2016\/06\/LA109cc-768x768.jpg 768w, https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2016\/06\/LA109cc-1536x1536.jpg 1536w, https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2016\/06\/LA109cc-2048x2048.jpg 2048w, https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2016\/06\/LA109cc-500x500.jpg 500w, https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2016\/06\/LA109cc-150x150.jpg 150w, https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2016\/06\/LA109cc-300x300.jpg 300w, https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2016\/06\/LA109cc-1024x1024.jpg 1024w\" sizes=\"(max-width: 512px) 100vw, 512px\" title=\"Trent France\" alt=\"\" \t\tclass=\"so-widget-image\"\/>\n\t\t\t<\/a><\/div>\n\n<h3 class=\"widget-title\">Trent France<\/h3><\/div><\/div><\/div><\/div><div id=\"pg-1471-2\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-1471-2-0\"  class=\"panel-grid-cell\" ><div id=\"panel-1471-2-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"3\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<p><strong><u>About Lee &amp; Associates<\/u><\/strong><\/p>\n<p>Celebrating more than 37 years of leadership excellence in commercial real estate, Lee &amp; Associates is the largest broker-owned firm in North America with locations across the U.S. and Canada including Arizona, California, Colorado, Florida, Georgia, Idaho, Illinois, Indiana, Maryland, Michigan, Minnesota, Missouri, Nevada, New Jersey, New York, Ohio, Pennsylvania, South Carolina, Texas, Vancouver BC, Washington and Wisconsin. With almost 900 brokers, Lee &amp; Associates provides a wide range of specialized commercial real estate services on a local, regional, national and international level. For the latest news from Lee &amp; Associates, visit <a href=\"http:\/\/www.lee-associates.com\">lee-associates.com<\/a> or follow us on <a href=\"https:\/\/www.facebook.com\/LeeAssociatesCRE\">Facebook<\/a>, <a href=\"https:\/\/www.linkedin.com\/company\/lee-and-associates\">LinkedIn<\/a> and <a href=\"https:\/\/twitter.com\/LeeAssociatesRE\">Twitter.<\/a><\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Escondido, CA \u2013 August 31, 2018 \u2013 Garrett Sholer and Trent France both Senior Vice Presidents at Lee &amp; Associates North San Diego County, completed the combined, $2.230M sale, of two industrial buildings (comprising approx. 15,945 SF) and an adjacent industrial lot of approximately 6,500 SF. The buildings are located at 837 &amp; 847 Metcalf St in Escondido, the lot at 851 Metcalf Street in Escondido. The larger, Southern structure is approx. 9,900 sq. ft&#8230;.<\/p>\n","protected":false},"author":22,"featured_media":1473,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,9,6],"tags":[30,45,36,23,79,51,84,58,47,52,56,50,76,32,1040],"class_list":["post-1471","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-lee-news","category-press-releases","tag-commercial-real-estate-news","tag-crenews","tag-garrett-sholer","tag-industrial","tag-industrial-sales","tag-investment-deals","tag-investment-properties","tag-investment-sales","tag-just-sold","tag-just-sold-san-diego","tag-lee-associates","tag-lee-associates-nsdc","tag-san-diego-investment","tag-san-diego-real-estate-news","tag-trent-france"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.5 (Yoast SEO v28.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Lee &amp; 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