Stos Partners Acquires Industrial Property In San Marcos For $18.9M

The industrial property located at 505 S. Pacific St in San Marcos has been sold. The transaction took place on April 21, 2020, for a total price of $18,900,000. The property spans an area of 113,500 square feet, resulting in a price per square foot of $166. The buyer in this transaction was Stos Partners. Representing the buyer was Bob Willingham from Kidder Mathews.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $18,900,000
• Square Feet: 113,500
• Price per Square Foot: $166
• Buyer: Stos Partners
• Broker: Bob Willingham - Kidder Mathews

This transaction showcases the demand for industrial properties in San Marcos. Stos Partners, along with their broker representative Bob Willingham from Kidder Mathews, made a strategic investment in this property, recognizing its potential value in the market.