Sale of Single-Tenant Industrial Asset in El Cajon Contributes to Successful Portfolio Disposition
Transaction demonstrates investor demand for well-located East County industrial assets as part of a coordinated three-building portfolio sale.
Overview
- 1150 N Marshall Ave, El Cajon, CA 92020
- Freestanding Industrial Building
- ±12,622 SF
- 100% Leased (Single-Tenant)
- Included in a Three-Building Portfolio Sale
For more information regarding this case study,
please contact:
Spencer Dok
Vice President
The Challenge
East County’s industrial submarket, while stable, draws a more focused buyer and tenant pool. Additionally, integrating this asset into a multi-property disposition required aligning due diligence, estoppels, and underwriting with two other buildings located in separate submarkets; a process that introduced timeline and coordination complexity.
Our Approach
Coordinated communication with tenants and third-party vendors ensured smooth due diligence and helped facilitate a simultaneous closing across all three properties.
The Outcome
The asset closed concurrently with the Poway and Menifee properties, completing the three-building portfolio sale.
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