Lee & Associates – North San Diego County Completes Sale of Industrial Building Totaling $9.250M
San Marcos, CA – Lee & Associates, one of the largest national commercial real estate firms completed the sale of 1320 Grand Ave in San Marcos. The investment property features 52,250 square feet divided into approximately 37 suites. The suites are from 824-3,744 square feet each. “This asset type is in very high demand in today’s market because of its small unit sizes, freeway visible location, and the overall strength of the industrial market in San Marcos”, states Rusty Williams, SIOR.
Rusty Williams, SIOR, Chris Roth and Jake Rubendall of Lee & Associates – North San Diego County represented the Seller, Focus Real Estate. The Buyer, Kappe Barclay, LLC, represented itself.
ABOUT LEE & ASSOCIATES
Lee & Associates is a commercial real estate brokerage, management and appraisal services firm. Established in 1979, Lee & Associates has grown its service platform to include offices in the United States and Canada. Lee & Associates provides superior market intelligence in office, industrial, retail, investment and appraisal to meet the specialized needs of our clients. For the latest news from Lee & Associates, visit lee-associates.com or follow us on Facebook, LinkedIn, Twitter and Link, our company blog.