CB Copperwood LLC Acquires Property At 101 Copperwood Way Oceanside For $20.5M
California
See Similar DealsCB Copperwood LLC Acquires Property At 101 Copperwood Way Oceanside For $20.5M
101 Copperwood Way, Oceanside, CA...
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The property involved in this transaction is an industrial park located at 101 Copperwood Way, Oceanside, CA. The property, known as Copperwood Center, was sold for $20.5 million. It encompasses a total area of 140,945 square feet and consists of eight buildings. The industrial park includes 350 parking spaces and is currently 97 percent leased to 64 tenants, with suite sizes ranging from 886 to 7,397 square feet.
Summary of transaction details:
- Property Type: Industrial Park
- Transaction Amount: $20,500,000.00
- Address: 101 Copperwood Way, Oceanside, CA
- Market: Oceanside
- Buyer: CB Copperwood, LLC
- Seller: Focus Real Estate Group
- Buyer's Representative: Paul Lafrenz, Josh McFayden, and Joe Crotty - Colliers International
- Seller's Representative: Doug Mack, Gary Stache - CBRE
- Broker: Matt Pourcho - CBRE
- Total Square Footage: 140,945
- Total Parking Spaces: 350
- Occupancy Rate: 97%
- Number of Tenants: 64
- Tenant Suite Sizes: Ranging from 886 to 7,397 square feet
The transaction was represented by a Colliers International team consisting of Paul Lafrenz, Josh McFayden, and Joe Crotty for the buyer, CB Copperwood, LLC. The seller, Focus Real Estate Group, was advised by CBRE’s Doug Mack, Gary Stache, and Matt Pourcho. This deal reflects a significant investment in the North San Diego industrial market.
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