{"id":360,"date":"2016-04-28T23:27:00","date_gmt":"2016-04-28T23:27:00","guid":{"rendered":"https:\/\/www.lee-associates.com\/sandiegonorth-dev-dev\/?p=360"},"modified":"2021-09-23T09:30:41","modified_gmt":"2021-09-23T16:30:41","slug":"lee-associates-north-san-diego-county-completes-3-5-million-acquisition-of-an-industrial-site-in-san-diego","status":"publish","type":"post","link":"https:\/\/www.lee-associates.com\/sandiegonorth\/2016\/04\/28\/lee-associates-north-san-diego-county-completes-3-5-million-acquisition-of-an-industrial-site-in-san-diego\/","title":{"rendered":"Lee &amp; Associates \u2013 North San Diego County Completes $3.5 Million Acquisition of an Industrial Site in San Diego"},"content":{"rendered":"<p><strong>SAN DIEGO, Calif.<\/strong>\u2014<strong>April 28, 2016<\/strong>\u2014 Lee &amp; Associates, one of the largest national commercial real estate firms, has completed the sale of a two parcel industrial site, located in the Otay Mesa submarket of San Diego, California. The site, located at 8710 Avenida de la Fuente includes a 23,634 square-foot building located on 2.5 acres.<\/p>\n<p>Greg Pieratt and Alex Weiss of Lee &amp; Associates \u2013 North San Diego County represented the buyer, TP Otay Mesa, LLC in the transaction. Tim Mills of CBRE represented the seller, Cactus Road, LLC.<\/p>\n<p>\u201cThe site provides a rare opportunity to acquire a highly functional warehouse building with a significant amount of secured storage yard, which is crucial to the buyer\u2019s operational objectives,\u201d noted Weiss.<\/p>\n<p>The sale, valued at $3,500,000, is part one of a two part acquisition. The additional 1.61 acres are in escrow and set to close in early 2017.<\/p>\n<p style=\"text-align: center\"><strong><u>####<\/u><\/strong><\/p>\n<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\u00a0 Canada including California, Colorado, Arizona, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Maryland, Michigan, Missouri, Nevada, New Jersey, New York, Ohio, Pennsylvania, South Carolina, Texas, Vancouver BC and Wisconsin. With more than 800 brokers nationwide, Lee &amp; Associates provides a wide range of specialized commercial real estate services on a local, regional and national level. For the latest news from Lee &amp; Associates, visit <a href=\"https:\/\/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","protected":false},"excerpt":{"rendered":"<p>SAN DIEGO, Calif.\u2014April 28, 2016\u2014 Lee &amp; Associates, one of the largest national commercial real estate firms, has completed the sale of a two parcel industrial site, located in the Otay Mesa submarket of San Diego, California. The site, located at 8710 Avenida de la Fuente includes a 23,634 square-foot building located on 2.5 acres. Greg Pieratt and Alex Weiss of Lee &amp; Associates \u2013 North San Diego County represented the buyer, TP Otay Mesa,&#8230;<\/p>\n","protected":false},"author":22,"featured_media":361,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,6],"tags":[1008,1018],"class_list":["post-360","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-press-releases","tag-alex-weiss","tag-greg-pieratt"],"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; Associates \u2013 North San Diego County Completes $3.5 Million Acquisition of an Industrial Site in San Diego - San Diego North | Lee &amp; Associates<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lee-associates.com\/sandiegonorth\/2016\/04\/28\/lee-associates-north-san-diego-county-completes-3-5-million-acquisition-of-an-industrial-site-in-san-diego\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lee &amp; 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