Vista, CA – Lee & Associates, one of the largest national commercial real estate firms, has completed the $527,058 sale of a 2,961 SF industrial condo located within the Bella Vista Business Park at 921 Poinsettia Ave, Suite B3. The suite features 20’ ceiling clearance, one 10’x12’roll-up door, two skylights, sprinklers and HVAC. Monique Medley (Specializing in Commercial Condominiums) of Lee & Associates, – North San Diego County represented the Seller. Cushman & Wakefield represented…
Lee & Associates – North San Diego County Completes Sale of 2.42 Acres Residential Land in Vista, CA
Vista, CA – Lee & Associates, one of the largest national commercial real estate firms, has completed the $2,050,000.00 sale of 2.42 acres of residential land located at 915-949 Sycamore Ave in Vista, CA. The property is just south of Watson Way on the west side of Sycamore Avenue, located approximately 1/2 mile south of California State Hwy 78. The site is part of a larger residential subdivision approval totaling 57 single family lots. Al…
Lee & Associates – North San Diego County Completes Sale of Little Caesars in Pico Rivera, CA
Pico Rivera, CA – Lee & Associates, one of the largest national commercial real estate firms, has completed the $1,158,000.00 sale of a 1,252 SF Little Caesar’s investment property located at 9209 Telegraph Rd in Pico Rivera, CA. This Little Caesar’s is a new location located in Pico Rivera, in Los Angeles County, California (the “Property”). The build to suit property was completed in late December and consists of a 1,252-square-foot retail building with a…
Lee & Associates – North San Diego County Completes Sale of Popeye’s in Pico Rivera, CA
Pico Rivera, CA – Lee & Associates, one of the largest national commercial real estate firms, has completed the $3M sale of a 2,423 SF Popeye’s investment property located at 9211 Telegraph Rd in Pico Rivera, CA. This Popeye’s is a brand new location with a drive-thru that sits on an approximately 0.33 acre parcel which is situated on a hard corner signalized intersection along Telegraph Rd. This is a major retail/commuter corridor in the…
Lee & Associates – North San Diego County Completes the Sale of Office Building in Escondido, CA
Escondido, CA – Lee & Associates, one of the largest national commercial real estate firms, has completed the $900,000.00 sale of a 5,786 square foot office building located at 320 E 2nd Ave in Escondido, CA. The building is located just one block from Downtown Escondido with easy access to Highway 78 and Interstate 15. The building was recently renovated with a new roof, tile floor and kitchen. Michael Golden of Lee & Associates -…
Lee & Associates – North San Diego County Completes the Sale of a 7-Eleven in Salinas, CA
Salinas, CA – February 15, 2019 – Lee & Associates, one of the largest national commercial real estate firms, has completed the $2.16M sale of a 7-Eleven in Salinas, CA. This investment property consists of a 2,251-square-foot retail building that sits on an approximately 0.28 acre parcel. Built in 1987, the building is leased to 7-Eleven Inc. (corporate) who holds an AA- investment credit rating from Standard & Poor’s. The 7-Eleven is ideally located on…
Q4-2018 Quarterly Reports
At the close of 2018, the San Diego Industrial market rental rates again set an all-time high, while the vacancy rate increased over the previous quarter with a significant amount of new construction coming on line. Read More… The San Diego Office market ended the fourth quarter 2018 with a vacancy rate of 9.7%. The vacancy rate was up over the previous quarter, with net absorption totaling positive 133,074 square feet in the fourth quarter. Read…