{"id":697,"date":"2016-11-11T15:49:20","date_gmt":"2016-11-11T23:49:20","guid":{"rendered":"https:\/\/www.lee-associates.com\/sandiegonorth-dev\/?p=697"},"modified":"2021-09-23T09:16:17","modified_gmt":"2021-09-23T16:16:17","slug":"lee-associates-north-san-diego-county-completes-the-1-6-million-sale-of-development-site-for-coastal-townhouses","status":"publish","type":"post","link":"https:\/\/www.lee-associates.com\/sandiegonorth\/2016\/11\/11\/lee-associates-north-san-diego-county-completes-the-1-6-million-sale-of-development-site-for-coastal-townhouses\/","title":{"rendered":"Lee &amp; Associates \u2013 North San Diego County Completes the $1.6 Million Sale of Development Site for Coastal Townhouses"},"content":{"rendered":"<p><strong>CARLSBAD, CA<\/strong>\u2014<strong>November 11, 2016<\/strong>\u2014 Lee &amp; Associates, one of the largest national commercial real estate firms, has completed the $1,600,000 sale of a 16,800 square-foot parcel in coastal Carlsbad. The property was purchased by San Diego Capital Management, with plans to redevelop the site into a five-unit multi-family residential property. Currently a four-bedroom, three-bathroom, 2,204 square-foot home sits on the parcel.<\/p>\n<p>Tim Moore and Blair Havens of Lee &amp; Associates \u2013 North San Diego County represented the seller, Henkin Family Trust, in the transaction. San Diego Capital Management, was represented by Home Smart.<\/p>\n<p>\u201cThis was a rare coastal development opportunity,\u201d explained Moore. \u201cThe property is within walking distance to Carlsbad Village shops, restaurants, and beaches and offers potential for a high-yielding development project.\u201d<\/p>\n<p>\u201cThe coastal Carlsbad market has been a hot spot for development over the past 18 months and new development sales continue to do well within the area,\u201d Havens continued. \u201cThe sellers chose to take advantage of the current need for multi-family residential developments and sell the property at a peak value.\u201d<\/p>\n<p style=\"text-align: center\">###<\/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, CA\u2014November 11, 2016\u2014 Lee &amp; Associates, one of the largest national commercial real estate firms, has completed the $1,600,000 sale of a 16,800 square-foot parcel in coastal Carlsbad. The property was purchased by San Diego Capital Management, with plans to redevelop the site into a five-unit multi-family residential property. Currently a four-bedroom, three-bathroom, 2,204 square-foot home sits on the parcel. Tim Moore and Blair Havens of Lee &amp; Associates \u2013 North San Diego County&#8230;<\/p>\n","protected":false},"author":22,"featured_media":698,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,6],"tags":[1039],"class_list":["post-697","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lee-news","category-press-releases","tag-tim-moore"],"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 the $1.6 Million Sale of Development Site for Coastal Townhouses - 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\/11\/11\/lee-associates-north-san-diego-county-completes-the-1-6-million-sale-of-development-site-for-coastal-townhouses\/\" \/>\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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