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University Storage Acquires Industrial Property On University Ave In San Diego For $7.7M

Property Image
SOLD
$7,700,000
Michael McFarland
Matt Weaver
Al Apuzzo
+ 1

California

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Industrial38,610 SF
Sold 03/19/2020
the dealplayerscompscontact
Property Image
SOLD

University Storage Acquires Industrial Property On University Ave In San Diego For $7.7M

5150 University Avenue, San Diego, CA, USA

See Similar Deals
Industrial38,610 SF
Sold 03/19/2020
Michael McFarland
Matt Weaver
Al Apuzzo
+ 1
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$199
Total Square Footage:38,610 SF
Transaction Type:Sale

The industrial property located at 5150 University Ave in San Diego has been sold for a price of $7,700,000. The property spans across 38,610 square feet and has a price per square foot of $200. The transaction took place on March 19, 2020.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $7,700,000
  • Address: 5150 University Ave, San Diego
  • Market: San Diego

The buyer of the property is University Storage, while the seller is Rescue Mission. The deal was facilitated by George Hicker and Michael McFarland from Cardinal Industrial, as well as Matt Weaver and Al Apuzzo from Lee & Associates.

Players

GH
George Hicker
2 deals$25.4M volume
BROKER
Michael McFarland
Michael McFarland
2 deals$7.7M volume
BROKER
Matt Weaver
Lee & Associates
Matt Weaver
2 deals$25.1M volume
BROKER
Al Apuzzo
Lee & Associates
Al Apuzzo
3 deals$31.1M volume(619) 573-7845
BROKER

Details

SOLD
IMAGE: Michael McFarland, Matt Weaver & Al Apuzzo DATE: 03/19/2020 ADDRESS: 5150 University Ave MARKET: San Diego ASSET TYPE: Industrial PRICE: $7,700,000 SF: 38,610 PPSF: $200 BUYER: University Storage SELLER: Rescue Mission BROKERS: George Hicker & Michael McFarland - Cardinal Industrial, Matt Weaver & Al Apuzzo - Lee & Associates

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