{"id":650,"date":"2016-10-19T11:33:06","date_gmt":"2016-10-19T18:33:06","guid":{"rendered":"https:\/\/www.lee-associates.com\/sandiegonorth-dev\/?p=650"},"modified":"2021-09-23T09:17:45","modified_gmt":"2021-09-23T16:17:45","slug":"lee-associates-north-san-diego-county-completes-the-3500000-million-sale-of-flex-building-in-carlsbad","status":"publish","type":"post","link":"https:\/\/www.lee-associates.com\/sandiegonorth\/2016\/10\/19\/lee-associates-north-san-diego-county-completes-the-3500000-million-sale-of-flex-building-in-carlsbad\/","title":{"rendered":"Lee &amp; Associates \u2013 North San Diego County Completes the $3.5 Million Sale of Flex Building in Carlsbad"},"content":{"rendered":"<p><strong>Carlsbad, Calif.<\/strong>\u2014<strong>October 12, 2016<\/strong>\u2014 Lee &amp; Associates, one of the largest national commercial real estate firms, has completed the $3,500,000 sale of a freestanding industrial\/flex building located in Carlsbad\u2019s Palomar Oaks Technology Park. The 21,300 square-foot building, originally built in 1991, is situated on a 2.29 acre parcel and is surrounded by park-like landscaping.\u00a0 The two-story building consists of 73% office, features drive around access, and included an existing solar system in the sale.<\/p>\n<p>Rusty Williams, SIOR and Chris Roth of Lee &amp; Associates, North San Diego County represented the seller, Jay Robb Enterprises. The buyer, Carlsbad CRE, LLC, was represented by Shane Poppen of Hughes Marino.<\/p>\n<p>\u201cJay Robb Enterprises was not utilizing the entire building and wanted to take advantage of today\u2019s market,\u201d said Roth. \u201cReal estate values are pushing peak pricing from the last cycle and now was the right time for Jay Robb to downsize and sell their property.\u201d<\/p>\n<p>\u201cThis property was an excellent opportunity for an owner-user,\u201d explained Williams. \u201cPrior to being placed on the market, the property received a construction bid to perform renovations, including a warehouse expansion and other upgrades. Additionally, the solar panels on the roof should result in a significant savings for the occupant.\u201d<\/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>Carlsbad, Calif.\u2014October 12, 2016\u2014 Lee &amp; Associates, one of the largest national commercial real estate firms, has completed the $3,500,000 sale of a freestanding industrial\/flex building located in Carlsbad\u2019s Palomar Oaks Technology Park. The 21,300 square-foot building, originally built in 1991, is situated on a 2.29 acre parcel and is surrounded by park-like landscaping.\u00a0 The two-story building consists of 73% office, features drive around access, and included an existing solar system in the sale. Rusty&#8230;<\/p>\n","protected":false},"author":22,"featured_media":651,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,6],"tags":[1011,1032],"class_list":["post-650","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-press-releases","tag-chris-roth","tag-rusty-williams"],"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 $3.5 Million Sale of Flex Building in Carlsbad - 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\/10\/19\/lee-associates-north-san-diego-county-completes-the-3500000-million-sale-of-flex-building-in-carlsbad\/\" \/>\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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