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April 23, 2015

San Marcos Industrial Building Sells for $2.1 Million

San Diego Business Journal

Lou Hirsh

Utah Prime Properties Inc. of Los Angeles has acquired a San Marcos industrial building for $2.1 million, according to CoStar Group and public data.

The seller of the 18,314-square-foot property, at 1585 Creek St., was Edward Allen Properties LLC of San Marcos.

The buyer was represented by Rusty Williams, Chris Roth and Kyle Carruthers, of brokerage company Lee & Associates. The seller was represented by Jim Benson of Kidder Matthews.

The property was built on a 2-acre site in 1984.

At the time of sale, tenant ESN Restoration Inc. had four years remaining on its lease, according to a statement from Lee & Associates.

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