September 13, 2019
Lee & Associates completed the $9.25-million sale of 1320 Grand Ave. in San Marcos. The investment property features 52,250 square feet divided into roughly 37 suites. The suites range in size from 824 to 3,744 square feet.
The buyer was Kappe Barclay, LLC, while the seller was Focus Real Estate.
Lee & Associates’ Rusty Williams, SIOR, Chris Roth and Jake Rubendall represented the seller. The buyer was self-represented.
Williams says, “This asset type is in very high demand in today’s market because of its small unit sizes, freeway visible location, and the overall strength of the industrial market in San Marcos.”
For comments, questions or concerns, please contact Dennis Kaiser