{"id":476,"date":"2016-06-28T17:00:35","date_gmt":"2016-06-28T20:00:35","guid":{"rendered":"https:\/\/www.lee-associates.com\/sandiegonorth-dev\/?p=476"},"modified":"2021-09-23T09:25:48","modified_gmt":"2021-09-23T16:25:48","slug":"lee-associates-north-san-diego-county-completes-the-4-8-million-sale-of-rancho-santa-fe-business-park-in-la-costa-meadows","status":"publish","type":"post","link":"https:\/\/www.lee-associates.com\/sandiegonorth\/2016\/06\/28\/lee-associates-north-san-diego-county-completes-the-4-8-million-sale-of-rancho-santa-fe-business-park-in-la-costa-meadows\/","title":{"rendered":"Lee &amp; Associates \u2013 North San Diego County Completes the $4.8 Million Sale of Rancho Santa Fe Business Park in La Costa Meadows"},"content":{"rendered":"<p><strong>San Marcos, Calif.<\/strong>\u2014<strong>June 28, 2016<\/strong>\u2014 Lee &amp; Associates, one of the largest national commercial real estate firms, has brokered the $4,800,000 sale of Rancho Santa Fe Business Center, a 41,477 square-foot multitenant industrial park. The business center consists of three buildings, located at 1780, 1784, and 1788 La Costa Meadows Drive within the La Costa Meadows submarket of San Marcos. The project was equipped with a mixture of flex and industrial units ranging in size from 1,500 to 5,000 square feet and was 93% occupied upon the time of sale.<\/p>\n<p>Marko Dragovic, Isaac Little and Al Apuzzo of Lee &amp; Associates \u2013 North San Diego County represented the seller, JR Martin Trust, in the transaction. Dragovic and Little of Lee &amp; Associates \u2013 North San Diego County also represented the buyer, RAF Pacifica Group.<\/p>\n<p>\u201cDue to the high demand for industrial space in La Costa Meadows and extremely low industrial submarket vacancy (2.3% vacancy rate), we felt this property had some significant long term upside and the Buyer should do very well with this investment,\u201d explained Dragovic.<\/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 Marcos, Calif.\u2014June 28, 2016\u2014 Lee &amp; Associates, one of the largest national commercial real estate firms, has brokered the $4,800,000 sale of Rancho Santa Fe Business Center, a 41,477 square-foot multitenant industrial park. The business center consists of three buildings, located at 1780, 1784, and 1788 La Costa Meadows Drive within the La Costa Meadows submarket of San Marcos. The project was equipped with a mixture of flex and industrial units ranging in size&#8230;<\/p>\n","protected":false},"author":22,"featured_media":477,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,6],"tags":[1008,18,19],"class_list":["post-476","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-press-releases","tag-alex-weiss","tag-isaac-little","tag-marko-dragovic"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.7 (Yoast SEO v28.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Lee &amp; Associates \u2013 North San Diego County Completes the $4.8 Million Sale of Rancho Santa Fe Business Park in La Costa Meadows - 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\/06\/28\/lee-associates-north-san-diego-county-completes-the-4-8-million-sale-of-rancho-santa-fe-business-park-in-la-costa-meadows\/\" \/>\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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