{"id":1004372942,"date":"2019-12-04T00:22:14","date_gmt":"2019-12-04T08:22:14","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004372942"},"modified":"2025-02-27T21:52:21","modified_gmt":"2025-02-28T05:52:21","slug":"cbre-brokers-san-diego-industrial-asset-sale","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cbre-brokers-san-diego-industrial-asset-sale\/","title":{"rendered":"CBRE Brokers San Diego Industrial Asset Sale"},"content":{"rendered":"<div id=\"attachment_1004372954\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/3380-Market-Street-e1575388907941.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004372954\" data-attachment-id=\"1004372954\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/cbre-brokers-san-diego-industrial-asset-sale\/3380-market-street\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/3380-Market-Street-e1575388907941.jpg\" data-orig-size=\"1056,792\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;9&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;Canon EOS 5D Mark II&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1286877716&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;19&quot;,&quot;iso&quot;:&quot;100&quot;,&quot;shutter_speed&quot;:&quot;0.005&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"3380 Market St.\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;3380 Market St. Image courtesy of CBRE&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/3380-Market-Street-e1575388907941.jpg?w=1024\" class=\"wp-image-1004372954 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/3380-Market-Street-e1575388907941.jpg\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/3380-Market-Street-e1575388907941.jpg 1056w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/3380-Market-Street-e1575388907941.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/3380-Market-Street-e1575388907941.jpg?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/3380-Market-Street-e1575388907941.jpg?resize=1024,768 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004372954\" class=\"wp-caption-text\">3380 Market St. <em>Image courtesy of CBRE<\/em><\/p><\/div>\n<p>Padres Janitorial Supplies has sold a 17,784-square-foot industrial property in San Diego for $3.6 million. San Diego County public records show Umpqua Bank originated a $2.7 million acquisition loan for buyer Inline Distributing Co., a construction supply company.<\/p>\n<p>Senior Vice President Bill Dolan and Vice President Ryan Sparks from CBRE worked on behalf of the buyer. Recently, a different team from the same brokerage company <a href=\"https:\/\/www.commercialsearch.com\/news\/cbre-brokers-sale-of-san-diego-area-retail-center\/\">closed the $19.3 million sale<\/a> of a 96,000-square-foot retail center in San Marcos, Calif.<\/p>\n<p>Located at 3380 Market St., the freestanding industrial building is less than a mile from the Interstate 15 interchange, roughly 3 miles east from downtown San Diego and 7 miles from the San Diego International Airport. Completed in 2000, the asset includes a fully fenced yard and a secured parking lot with concrete driveways. Additionally, the building comprises two dock high loading positions and one grade level door.<\/p>\n<p>According to a recent CBRE report, the metro\u2019s third quarter leasing activity reached the highest level since Q3 of 2015, representing some 546,000 square feet of net absorption. Moreover, San Diego is on track to closing one of its strongest leasing activity years, with more than 12 million square feet through three quarters. &nbsp;&nbsp;&nbsp;<\/p>\n<p><em>If you\u2019d like to be featured in Brokers\u2019 Corner, send your deal to&nbsp;<a href=\"mailto:deals@cpe-mhn.com\"><strong>deals@cpe-mhn.com<\/strong><\/a>.<\/em>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Senior Vice President Bill Dolan and Vice President Ryan Sparks represented the buyer in the $3.6 million deal. <\/p>\n","protected":false},"author":748,"featured_media":1004365520,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21825,21748,21783,21742,1608,15],"tags":[32789],"class_list":["post-1004372942","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-finance","category-industrial","category-investment","category-latest","category-san-diego","category-west","tag-cbre"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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