Escondido, CA –November 28, 2023 - Lee & Associates NSDC, a leading commercial real estate firm, is pleased to announce the $1,650,000 sale of a 5,000 square foot industrial building situated on a generous 14,470 square foot lot located at 219 S Andreasen Drive in Escondido.

 

The buyer, Schmitty Holdings, LLC, and the seller, Compton Family Trust were both represented by Trent France of Lee & Associates NSDC throughout the entire transaction process.

 

Schmitty Holdings, LLC, a dynamic player in the construction industry, has acquired the property with plans to renovate the existing building. The strategically located space will serve as the company's San Diego construction office, further solidifying their footprint in the region.

 

"We are thrilled to have played a key role in facilitating this successful transaction," said Trent France. "This sale not only highlights the strength of the Escondido real estate market but also demonstrates the continued demand for well-positioned industrial properties."

 

The industrial building, boasting 5,000 square feet of space, is positioned on a prime 14,470 square foot lot, offering ample room for expansion and growth. This transaction underscores the continued strength and demand within the Southern California commercial real estate market.

 

For more information on Lee & Associates - NSDC and their latest real estate transactions, visit their website at www.lee-associates.com/sandiegonorth.