Exeter Property Group Acquires Industrial Asset In Vista For $11.5M

The industrial property located at 1280 N. Melrose Drive in Vista was recently sold. The property spans 45,214 square feet and was sold for a price of $11,500,000, resulting in a price per square foot of $254. The transaction took place on 06/21/2022.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $11,500,000
• Address: 1280 N. Melrose Drive
• Market: Vista
• Buyer: Exeter Property Group
• Buyer's Representative: Rusty Williams, Chris Roth & Jake Rubendall (Williams Roth Group) - Lee & Associates
• Seller's Representative: Jim Benson - Kidder Mathews

The buyer in this transaction was Exeter Property Group, while the seller was represented by Jim Benson of Kidder Mathews. The buyer's representatives were Rusty Williams, Chris Roth, and Jake Rubendall from the Williams Roth Group at Lee & Associates. This sale marks a significant transaction in the industrial market of Vista.