El Cajon, CA – January 25, 2022 – Lee & Associates Multifamily Advisory Group (MAG) and Eric von Bluecher just completed the sale of 38 Units in El Cajon. The property was well maintained and featured 16, two bed, one bath units, 16, one bed, one bath units, six studios, 31 parking spaces, community pool and laundry room. Eric von Bluecher and the Lee & Associates Marketing Team executed full marketing on the property, generated multiple offers from…
27,272 SF Industrial Building Sold for $6.25M
Carlsbad, CA – Rusty Williams, SIOR, Chris Roth, SIOR, and Jake Rubendall of Lee & Associates– NSDC (The Williams Roth Group) just sold 2261 Cosmos Court located in the Palomar Airport Business Park. This 27,272 square foot freestanding industrial/flex building sold for $6,250,000 and was leased to several tenants on short term leases. The Williams Roth Group represented the buyer, Burke Cosmos LLC, and the seller, Catalina Development, LLC.
3 Parcels Sold for Redevelopment in Vista
October 27, 2021 (San Diego, CA) – Lee & Associates – North San Diego County announces the sale of 3 parcels, totaling 4,160 SF of building space on a total of 45,884 SF of land, located at 702, 710 & 716 Civic Center Dr, Vista, CA for $1,775,000. Michael Golden, of Lee & Associates – NSDC represented the buyer in this transaction. The existing tenants on the property will provide passive income to the new…
Crown Point Investment Property Sells for $8,075,000
October 27, 2021 (San Diego, CA) – Lee & Associates – North San Diego County announces the sale of a 19-unit, multifamily investment property located at 3833 Jewell Street, CA for $8.075 million, or $565/SF and $425,000/Unit. Eric von Bluecher, of Lee & Associates – NSDC’s Multifamily Advisory Group represented the buyer, SK 4 NATIONWIDE, L.P., and the Seller, RIVIERA JEWELL APARTMENTS, LLC The 19-unit multifamily investment property, located in an A+ location…
Federal Express Facility in Collierville, TN Sells For $15.4M
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…
Kentucky Fried Chicken in Shakopee, MN Sells for $1.42 Million
Shakopee, MN – Lee & Associates, one of the largest national commercial real estate firms, has completed the $1,420,000 investment sale of a 3,534-square-foot standalone retail building with drive-thru in Shakopee, MN, a suburb of the Twin Cities, located 25 miles to the southwest. The building is leased to the largest Kentucky Fried Chicken franchisee operator in the State of Minnesota. There are 11 years remaining on the 15-year absolute NNN lease, which featured 1.50%…
102,000-SF Industrial Building in Normal, IL Sold for $4.85 Million
Normal, IL – Lee & Associates, one of the largest national commercial real estate firms, has completed the $4,850,000 investment sale of an approximately 102,000-square-foot manufacturing and warehouse facility on 7.59 acres located at 2219 W. College Avenue in Normal, IL. The building is leased to Superior Consolidated Industries dba SC2 Services, Inc. (www.sc2services.com), a third-party logistics services (3PL), filtration, warehousing, contract packaging, industrial finishing, kitting, sequencing, sub-assembly and manufacturing support for Tier 1 and…
542 Unit, Fully Entitled Apartment Site Sells in Murrieta CA
September 8, 2021 Carlsbad CA – Lee & Associates, a nationwide leader in commercial real estate services, announces the sale of a 542 unit apartment site on Los Alamos Rd in Murrieta CA. The sale was brokered by the Lee Land Team consisting of Matt Weaver, Al Apuzzo and Alex Bentley. The property consists of 24.81 acres and is substantially mass graded. The 542 unit site consists of 2 phases. “There is a lack of…
31 Acre Final Map adjacent to Bedford master plan sells in Corona CA
Carlsbad CA – August 12, 2021 – Lee & Associates, a nationwide leader in commercial real estate services, announces the sale of a 31-acre development within the Bedford Specific Plan in Corona, CA. The sale was brokered by the Lee Land Team consisting of Matt Weaver and Al Apuzzo. The property consists of 17.4 acres that allows for approximately 125 dwelling units with various densities within the specific plan and 11.1 acres in open space….