Updated Jul 8, 2026
Gregg Buskett Acquires Industrial Property From Nancy Peters For $14.5 Million In San Marcos
1755 La Costa Meadows Drive
$14,500,000
$216/SF
Building Size
66,976 SF
Asset Type
Industrial
Closing
Jun 18, 2026
About this deal
AI
The property involved in this transaction is an industrial asset located at 1755 La Costa Meadows Drive in San Marcos, featuring a sale price of $14,500,000. The property spans 66,976 square feet, resulting in a price per square foot of $216.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $14,500,000
- Address: 1755 La Costa Meadows Drive
- Market: San Marcos
- Buyer: Gregg Buskett
- Seller: Nancy Peters, DMMLP, SMD Victory
- Broker: Kelly Betpolice - Kidder Mathews
Gregg Buskett has acquired the property from Nancy Peters, who is associated with DMMLP and SMD Victory. The transaction was facilitated by broker Kelly Betpolice representing the seller in this deal.
Players
San Marcos Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.09%
Cash-on-Cash
-0.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93