EL CAJON - San Diego, CA (Oct 30, 2023) – Commercial Asset Advisors is pleased to announce the successful closing of a prime Owner-User Commercial/Industrial Condo properties located at 1469-1475 N. Cuyamaca St., El Cajon CA 92020 selling for $1,800,000 on September 5, 2023.
Gino Kalasho of Commercial Asset Advisors represented the Buyer, Global Heating and Air Inc. The Seller, P&B Investments, LLC was represented by Nick Mane and Ken Robak of Pacific Coast Commercial. Zona Weekley and Carolyn Church of Ticor Title Company assisted with the transaction.
The project consists of two Industrial/Commercial Condos located at the Cuyamaca Commerce Center totaling 5,088 SF. This flex space is Warehouse (55%) and Office (45%) with two roll up doors and a clear height of 18’ with insulated warehouse ceiling. Additionally, the property has a 2nd floor highly finished mezzanine that adds around 1,200 SF with 66 LG Solar Panels.
"With a lack of industrial inventory in East County, we were able to put our client in the best position to purchase this property which fits his needs as an owner-user," stated Gino Kalasho, Senior Vice President.
Commercial Asset Advisors remains committed to providing exceptional real estate solutions, even in challenging market conditions. This transaction exemplifies our dedication to helping clients achieve their investment goals and expand their real estate portfolios.
CAA has represented multiple buyers and sellers in all product types this year all over San Diego County, demonstrating the firm’s ability to maximize values regardless of product type, location, or situation.
For additional information, contact:
Gino Kalasho, Senior Vice President (DRE Lic. #02046687), at Gino@caacre.com
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About Commercial Asset Advisors
Commercial Asset Advisors is a San Diego-based commercial real estate brokerage that specializes in serving the unique needs of individual private clients, as well as family offices, corporate, institutional, nonprofit and national organizations. As a full-service CRE firm, our team has assisted property owners from Central San Diego, North County, East County, South County and beyond to maximize the value of their investments including office, retail, industrial, apartment and multi—family, mixed-use projects, ground-up development tenant representation and much more. With experience earned through exceptional hard work, CAA has successfully completed over 1,500 sale and lease transactions totaling over $1.5 billion in consideration. CAA provides unmatched customer service and strategic advice in all areas, asset types, and transaction structures.
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