{"id":1004376626,"date":"2019-12-17T10:49:45","date_gmt":"2019-12-17T18:49:45","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004376626"},"modified":"2019-12-17T10:49:45","modified_gmt":"2019-12-17T18:49:45","slug":"focus-real-estate-sells-san-diego-industrial-park-for-20m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/focus-real-estate-sells-san-diego-industrial-park-for-20m\/","title":{"rendered":"Focus Real Estate Sells San Diego Industrial Park for $20M"},"content":{"rendered":"<div id=\"attachment_1004376641\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/Copperwood-Center-e1576586769448.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004376641\" data-attachment-id=\"1004376641\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/focus-real-estate-sells-san-diego-industrial-park-for-20m\/copperwood-center\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/Copperwood-Center-e1576586769448.jpg\" data-orig-size=\"1200,899\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;8&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;FC6310S&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1530118744&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;8.8&quot;,&quot;iso&quot;:&quot;100&quot;,&quot;shutter_speed&quot;:&quot;0.00625&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Copperwood Center\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Copperwood Center&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/Copperwood-Center-e1576586769448.jpg?w=1024\" class=\"wp-image-1004376641 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/Copperwood-Center.jpg\" alt=\"Copperwood Center\" width=\"300\" height=\"225\"><\/a><p id=\"caption-attachment-1004376641\" class=\"wp-caption-text\">Copperwood Center. <em>Image courtesy of CBRE<\/em><\/p><\/div>\n<p>Focus Real Estate has sold Copperwood Center, a 140,945-square-foot industrial park in Oceanside, Calif. Newport Beach-based CB Copperwood LLC paid $20.1 million for the asset that was 97 percent leased at the time of sale. According to San Diego county records, the property last traded in 1999 for $6.1 million. CBRE assisted the seller in the current deal.<\/p>\n<p>Located at 3365, 3375 and 3385 Mission Ave. &amp; 101, 102, 105, 106 and 110 Copperwood Way, the industrial park consists of eight one-story buildings completed in 1984. The recently renovated property features signage for each unit, while offering more than 350 parking spaces.<\/p>\n<p>The 10-acre property is 40 miles north of San Diego, adjacent to Highway 76 and close to Interstate 5. Copperwood Center is about 6 miles southeast of United States Marine Corps\u2019 Camp Pendleton South and roughly 5 miles northwest of a 312,000-square-foot distribution facility that Rexford Industrial Realty <a href=\"https:\/\/www.commercialsearch.com\/news\/reit-closes-123m-in-southern-california-acquisitions-sales\/\">acquired for $73.6 million<\/a> in September.<\/p>\n<p>CBRE\u2019s Matt Pourcho, Anthony DeLorenzo, Gary Stache and Doug Mack represented the seller in the transaction.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CBRE assisted the company in the disposition of its eight-building asset, which was 97 percent leased upon closing. <\/p>\n","protected":false},"author":870,"featured_media":1004376641,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21748,21783,21742,1608,15],"tags":[32789,36482],"class_list":["post-1004376626","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-industrial","category-investment","category-latest","category-san-diego","category-west","tag-cbre","tag-gary-stache"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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