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CARLSBAD, CA – March 29, 2023 – Kelly Nicholls, SIOR, a Principal with Lee & Associates-North San Diego County Office, has been recognized by the San Diego Business Journal as one of San Diego’s Top 50 Women Over 50. The annual list honors accomplished female leaders who have made significant contributions to their industries and communities.   With over 25 years of experience in the commercial real estate industry, Kelly specializes in site-location advisory services,…

March 24, 2022 | Alex Weiss Lee & Associates, Inc. – North San Diego County A former manager of mine used to refer to the commercial real estate business as “Mr. Toads Wild Ride.” It was a phrase that described the unpredictability in the industry and to be ready for whatever life throws at us next and to create solutions whenever necessary. The phrase was mainly in context with our own brokerage careers, but it…

January 12, 2022 | Tim Gosselin – Principal | Lee & Associates North San Diego County

The Industrial sector is the new “Park Place” on the Monopoly board. Who survived and thrived during and post-pandemic? Answer: construction supplies, Amazon. fabricators, tile, marble, granite, and woodworkers, and all associated construction suppliers are struggling to meet customer demand and are expanding. Essentially the wholesale sector and supply chain vendors who line the shelves and bays at the likes of Home Depot. It’s these companies and business segments that are the big winners right…

In this large and vibrant U.S. economy spanning a huge area of land, we can find many types of real estate transactions: land, commercial centers, industrial parks, office buildings, single and multi-family residential, mixed-use buildings, parking lots/garages and MANY others. In my career of over 20 years, I have seen many colors and shapes of real estate transactions and I am constantly surprised by the uniqueness of every client and requirement I see on a…

Lake Elsinore CA – Lee & Associates, a nationwide leader in commercial real estate services, announces the sale of approximately 118 acres in Lake Elsinore CA for $1,200,000.  The property is located east of Greenwalk Ave. & Central Ave. and is part of the Meadowbrook Specific Plan.  The specific plan allows for 364 4,000 – 8,000 SF residential lots however the site is unentitled. The site was sold by Lake Elsinore Holding Co. LLC, an…

The San Diego apartment market continues to be on fire with multiple offers on each appropriately priced multifamily offering. Cap rates below 4% are becoming a reality. Rents are continuing to rise, vacancies are declining, and the number of units available is shrinking. Vacancies are at 2.4%, rent growth is at 12.8% across the board where newer buildings increased in the 15-17% range. When COVID hit, it pushed most renters away from the coast in…

Collierville, TN – Lee & Associates, one of the largest national commercial real estate firms, has completed the $15,400,000 sale of an approximately 126,213-square-foot industrial building that sits on an approximately 9.07-acre parcel and is located at 477 Distribution Pkwy, in Collierville TN. The building is leased to FedEx Forward Depots, Inc., a subsidiary of Federal Express Corporation. FedEx has been operating at this location for over 15 years and recently executed a 5-year lease…

Carlsbad, CA – September 28, 2021 – Rusty Williams, Chris Roth and Jake Rubendall along with Craig Fitterer and Mark Jerue of Lee & Associates, a nationwide leader in commercial real estate services, announce the lease of a 60,472 square foot industrial space at 1319 Rocky Point Drive, Oceanside, CA. The building, with modern features and a 30’ clear height, was leased by Glass Warehouse, LLC, a Texas limited liability company. This lease is a…