EverWest Acquires Second North County Industrial in 60 Days
Representing its second North San Diego County industrial purchase in 60 days, EverWest Real Estate Investors recently acquired 2611 Business Park Dr. in Vista for $27 million. The current property tenant, Stone Brewing, will occupy the building under a short-term lease before relocating to a nearby facility.
The building comprises 125,517 square feet of class-A industrial space. EverWest plans to invest approximately $3 million to upgrade the office, warehouse and exterior spaces, and will immediately market the building for lease-up.
Mickey Morera and James Duncan of Kidder Mathews represented EverWest in the transaction. Dave Pinnegar and Russ Jabara of Kidder Mathews represented the private seller.
“North San Diego County demand continues to grow from traditional e-commerce and headquarters users, and a new wave of biotech firms in expansion mode,” said Erik Good, EverWest managing director. “This building has the features and accessibility that each of these sectors require and represents one of the few larger space opportunities in this rapidly tightening market.”
Built in 1999, 2611 Business Park Dr. features 24-foot clear height, 130- to 170-foot truck courts, secured storage yard, nine dock high/six drive-in doors and 25,000 square feet of refrigerated space.
Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM.
In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.