NORTH PARK, CA (September 23, 2021) — Commercial Asset Advisors is pleased to announce the close of a NNN leased investment/ redevelopment opportunity in North Park. CAA was able to able achieve a successful close by working diligently with their client, an out of state Seller, to achieve a sale price exceeding expectation.
“North Park is one of the most desirable neighborhoods in San Diego right now,” said Mike Conger. “Apartments and retail are going to continue to flourish for years to come.”
The Buyer was Blue Centurion Homes, LLC, represented by Robert Vallera of Voit Real Estate Services.
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.