Stos Partners has sold a 61,112-square-foot industrial complex located at 1545-1565 La Mirada Dr.in the North County San Diego market of San Marcos to a private investor for $12.5 million. Stos Partners acquired the property in May 2021 for $8.77 million.
Led by principal and founder CJ Stos, partner Jason Richards, EVP Jay Boyle and VP of asset management Travis Gorzeman, the company implemented its value-add strategy and capital improvement program which included a new roof, parking lot, exterior painting, drought resistant landscaping and signage.
“Our team identified this asset’s value during the initial acquisition in 2021,” said Stos. “Through deep relationships with local brokers, we were able to secure a buyer in a timely manner.”.
Stos Partners was represented by Matt Pourcho, Anthony Delorenzo, and Matt Harris with CBRE along with Chris Roth, Rusty Williams, and Jake Rubendall of Lee & Associates. Brant Aberg and Bryce Aberg with Cushman & Wakefield represented the buyer.
The post Stos Partners Divests Value-Added San Marcos Industrial appeared first on Connect CRE.
Stos Partners has sold a 61,112-square-foot industrial complex located at 1545-1565 La Mirada Dr.in the North County San Diego market of San Marcos to a private investor for $12.5 million. Stos Partners acquired the property in May 2021 for $8.77 million. Led by principal and founder CJ Stos, partner Jason Richards, EVP Jay Boyle and VP of asset …
The post Stos Partners Divests Value-Added San Marcos Industrial appeared first on Connect CRE.
Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.
robert khodadadian, skyline properties, commercial real estate, off market real estate, daniel shirazi, real estate investment, new york real estate