January 12, 2018
A 19,504 square foot industrial building occupied by Exagen Diagnostics in Vista, CA sold for $3.5 million in an off-market deal. The seller was Gieger Court LLC, while the buyer was an undisclosed local private investor.
Kidder Mathews’ Joe McDermott and Jeffrey Crocker represented the buyer.
“The sale of 1221 Liberty Way was an off-market leased investment transaction,” said Crocker. “There is a great deal of competition for quality industrial properties in today’s market, and investors need to be ready to act quickly when an opportunity is uncovered that aligns with a buyer’s investment strategy.”
Exagen plans to remain in the building.
For comments, questions or concerns, please contact Dennis Kaiser