Aug
06
Stos Partners Buys Rare San Diego Industrial Asset
ByThe two-building complex is situated in Chula Vista, Calif., a submarket which is benefitting from exceptionally tight vacancy in neighboring National City.
Stos Partners acquired a 170,805-square-foot complex comprising two multi-tenant industrial buildings in Chula Vista, Calif. The property traded off-market for $13.5 million.
Michael Mossmer, senior vice president of Voit Real Estate Services, represented the buyer, as well as the seller, a private family.
Located at 1670-1690 Brandywine Ave., the assets benefit from immediate access to Interstate 805. The properties feature a fire sprinkler system, heavy power, dock-high and grade-level loading doors, and the clear heights range between 22 and 26 feet…