Lee & Associates – North San Diego County Negotiates $1.9 Million Industrial Sale in Oceanside
OCEANSIDE, Calif.—October 26, 2015—Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed a $1,900,000 sales transaction for an industrial building located at 4120 Avenida de la Plata in Oceanside, California. The 15,758 square-foot building recently underwent a partial renovation including six private offices and four bathrooms.
Greg Pieratt, Principal of Lee & Associates – North San Diego County and Managing Director of Lee Corporate Solutions represented the seller, Jeffrey Adkins in the disposition of the property. Pieratt also assisted Adkins with the purchase of the property in 2013.
“Since buying the property a couple years ago, Adkins has changed his business model and space requirements. This, combined with a hot market and lack of supply, created an opportunity to sell the property with a nice profit only two years late,” explained Pieratt.
The buyer Legacy United Group, LLC dba Nova Engineering plans to occupy the property as their regional headquarters for their engineering business.
About Lee & Associates
Celebrating more than 36 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the country with locations across the nation including California, Colorado, Arizona, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Maryland, Michigan, Missouri, Nevada, New Jersey, New York, Ohio, Pennsylvania, South Carolina, Texas, and Wisconsin. With more than 800 brokers nationwide, Lee & Associates provides a wide range of specialized commercial real estate services on a local, regional and national level. For the latest news from Lee & Associates, visit lee-associates.com or follow us on Facebook, LinkedIn and Twitter.