NATIONAL CITY, Calif. (June 29, 2022) — A National City office building sold for $6.3 million on June 21, 2022, Commercial Asset Advisors announced.
The property consists of a 19,917-square-foot, Class B office building that is centrally located, with high visibility and convenient freeway access. The property address is 22 West 35th St., National City, CA 91950.
Mike Conger and Brian Jenkins of Commercial Asset Advisors represented the seller, SCOS, L.P.
Shirley Kanamu and Valley Coleman of Pacific Coast Commercial represented the buyer, Strong Tower, L.P.
“We’re pleased to have been able to help a longtime client through the disposition of this asset with a mutually beneficial result for both buyer and seller,” said CAA Principal Brian Jenkins. “CAA identified that the timing and lease rollover could work for an owner/user – making this an ideal time to put this building on the market. The buyers were able to acquire a very well-maintained, high-quality asset with excellent building infrastructure in a very constrained South Bay market.”
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 mike@caacre.com or Brian Jenkins, CAA Principal (DRE Lic. #01814828), at brian@caacre.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.