JUST SOLD! Lemon Grove Industrial Building
Lemon Grove, Calif. (March 30, 2022) — A portfolio of two industrial/ automotive buildings sold for $1,350,000 on February 28, 2022, Commercial Asset Advisors announced.
The two buildings total 7,295 square feet and are located at 7315-7319 Broadway, Lemon Grove, CA 91945.
Roc Beas and Brian Jenkins of Commercial Asset Advisors represented the seller, IRA Skinner Family Trust. Brian Gruber and Jon Hamby with Range Partners represented the Buyer, Broadway Ventures, LLC.
“Automotive and industrial buildings can present unique challenges in terms of environmental reporting,” said CAA agent Roc Beas. “However, our expertise in this area enabled us to guide the seller through the arduous process needed to obtain clean environmental reports and ultimately led to a successful close".
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, you may contact Mike Conger, CAA Principal (DRE Lic. # 01381193), at firstname.lastname@example.org or Brian Jenkins, CAA Principal (DRE Lic. #01814828), at email@example.com.
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 1,400 sale and lease transactions totaling over $500 million in consideration. CAA provides unmatched customer service and strategic advice in all areas, asset types, and transaction structures.