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…
Lee & Associates – North San Diego County Completes $3.925M Sale of an Industrial Building in San Marcos, CA
San Marcos, CA – Lee & Associates, one of the largest national commercial real estate firms, has completed the $3.925M sale of a 22,565 square foot industrial building located at 674 Rancheros Drive. The building features a 20,000 square foot paved fenced yard area, 8,000 SF office space, 5 Dock High Doors, and 1 Grade Level Door. Rusty Williams, Chris Roth and Jake Rubendall of Lee & Associates – North San Diego County, represented the…
Lee & Associates – North San Diego County Completes $3.9M Sale of Industrial Building in San Marcos, CA
San Marcos, CA – Lee & Associates, one of the largest national commercial real estate firms, has completed the $3.9M sale of an 18,452 SF industrial building located at 307 E Carmel Street in San Marcos, CA. The building features 30% showroom, 30% office and 40% warehouse with freeway frontage directly on Highway 78. The property, formerly occupied by SoCal Piano was purchased by an investor who leased the facility to Chefs Toys, LLC under…