News

CARLSBAD, Calif.—December 5, 2016—Lee & Associates, one of the largest national commercial real estate firms, has completed a lease, valued at approximately $1,515,095, for a freestanding industrial, flex R&D building located at 2721 Loker Ave West in Carlsbad, California. The property is part of the Promontory Business Park, a six-building business park. The 20,329 square-foot high-image building features approximately 10,000 square-feet of office buildout on two floors. Rusty Williams, SIOR and Chris Roth of Lee…

CARLSBAD, CA—November 11, 2016— Lee & Associates, one of the largest national commercial real estate firms, has completed the $1,600,000 sale of a 16,800 square-foot parcel in coastal Carlsbad. The property was purchased by San Diego Capital Management, with plans to redevelop the site into a five-unit multi-family residential property. Currently a four-bedroom, three-bathroom, 2,204 square-foot home sits on the parcel. Tim Moore and Blair Havens of Lee & Associates – North San Diego County…

San Diego, Calif.—November 10, 2016—Lee & Associates, one of the largest national commercial real estate firms, has completed an eight-year lease on behalf of Alvarado Medical Group. The 4,641 square-foot building is located at 5332 Jackson Drive, on the corner of Center Drive, in La Mesa, California, just east of San Diego. The value of the lease was approximately $1,063,625. Jeff Abramson and Marc Dudzik of Lee & Associates – North San Diego County represented…

Download Closed Transactions, October 2016

NATIONAL CITY, CA—October 31, 2016— Lee & Associates, one of the largest national commercial real estate firms, has completed the sale of nearly one acre of vacant land in National City. The South San Diego County multi-family residential site, consists of two parcels located at 130 E 31st Street and 48 E 31st Street. The buyer, KirE Homes II, LLC, purchased the site for $1,150,000 with plans to build and 31 unit apartment complex. According…

Carlsbad, Calif.—October 12, 2016— Lee & Associates, one of the largest national commercial real estate firms, has completed the $3,500,000 sale of a freestanding industrial/flex building located in Carlsbad’s Palomar Oaks Technology Park. The 21,300 square-foot building, originally built in 1991, is situated on a 2.29 acre parcel and is surrounded by park-like landscaping.  The two-story building consists of 73% office, features drive around access, and included an existing solar system in the sale. Rusty…

Escondido, Calif.—October 11, 2016— Lee & Associates, one of the largest national commercial real estate firms, has completed the $2,950,000 sale of a Single Tenant Net leased property located at 655 Venture Street in Escondido. The building consists of a 14,322 square foot freestanding building, situated on a 0.78 acre lot. In 2010, the facility underwent a full renovation, costing over $400,000. At the time of the sale, the tenant, Caliber Collision, had nearly seven…

Calexico, Calif.—October 11, 2016— Lee & Associates Self Storage Group, has completed the $4,100,000 sale of Portico Self Storage, located at 2420 Enterprise Road in Calexico, California.  The 55,510 square foot facility is situated on 3.46 acres, is comprised of 47,710 square feet of storage, 7,800 square feet of covered RV parking, and includes 451 storage units. Garrett Sholer of Lee & Associates – North San Diego County represented the Buyer, StaxUp Storage-Portico, LP. Clifford…

ENCINITAS, Calif.—October 5, 2016—Lee & Associates, one of the largest national commercial real estate firms, has completed a ten-year lease on behalf of Breakfast Republic. Breakfast Republic, a San Diego hotspot, is known for serving American classics with a twist. Its website boasts breakfast innovations such as Oreo pancakes, chicken wing breakfast bowls and s’mores French toast. Additionally, the breakfast destination has tapped into San Diego’s growing craft beer scene, offering a list of 20…