San Marcos, CA – Lee & Associates, one of the largest national commercial real estate firms, completed the sale of 1709 La Costa Meadows Drive. San Marcos for $6,943,000. The 63,800 square foot facility features approximately 52,800 square feet of warehouse space, 12,000 square feet of two-story office, which is located on an approximate 3.45-acre lot overlooking open area park and scenic creek views. The facility benefits from efficient six dock high & four grade…
Lee & Associates – North San Diego County Completes Sale of Industrial Building Totaling $2.8M
Carlsbad, CA – Lee & Associates, one of the largest national commercial real estate firms completed the sale of 2710 Gateway Road. This building is nestled in the Spectrum Flex at Bressi Ranch complex and features 70% corporate office, 24’ ceiling clearance, one grade level door, sprinklers throughout, and a solar panel system. Rusty Williams, SIOR, Chris Roth and Jake Rubendall of Lee & Associates – North San Diego County represented the Seller, Orion Real…
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…
All About Opportunity Zones
A valuable breakdown of the benefits Garrett Parsons, Lee & Associates Inc. – NSDC WHAT IS THE OPPORTUNITY ZONE PROGRAM? The Opportunity Zone program is a tax incentive program that was brought to the public through the Tax Cuts and Jobs Act of 2017 with the goal of bringing long term investment capital into low-income areas to stimulate local economies and rehabilitate distressed cities. Through the program, governors of the 50 states and 4 territories…
Lee & Associates – North San Diego County Completes Industrial Lease Totaling $2.44M Consideration
Oceanside, CA – Lee & Associates, one of the largest national commercial real estate firms negotiated a lease for Hydranautics. The property is located at 1890 Ord Way in Oceanside, CA. The 50,851 SF suite features heavy power, ESFR sprinklers, energy efficient lights and up to 32’ ceiling clearance. Rusty Williams, Chris Roth, Jake Rubendall and Tim Moore of Lee & Associates – North San Diego County represented the Tenant, Hydranautics. The Landlord, Bentall Green…
Lee & Associates – North San Diego County Completes Two Industrial Investment Transactions Totaling $2.742M
San Diego North County, CA – Lee & Associates, one of the largest national commercial real estate firms negotiates both sides on an industrial 1031 exchange transaction in North San Diego County totaling $2,742,000. Isaac Little, Marko Dragovic, TJ Donnelly of Lee & Associates – North San Diego County represented the Seller, Gunter Family Trust, on the sale of 1531-1535 Seminole Street, San Macros, CA (the “Relinquished Property”), which featured a fully leased 8,832 SF…
Lee & Associates – North San Diego County Completes $2.454M Sale of Three Industrial Buildings in Vista, CA
Vista, CA – Lee & Associates, one of the largest national commercial real estate firms, has completed the sale an 11,971 square foot net leased investment property located at 1046-1050 La Mirada Court, Vista. At the time of sale, the building was leased on a long-term basis by H2O Innovation USA, Inc who specializes in water filtration, wastewater treatment and water reuse. The property was sold for $2,454,000 ($205/SF) with a first year Capitalization Rate…