Marcus & Millichap Capital Corporation (MMCC) arranged $12,825,000 in financing for the acquisition of a 109,367-square-foot industrial property located at 1111 Pioneer Way in El Cajon. Kevin Elliott, senior director in MMCC’s Orange County office, secured seven-year financing with a local credit union on behalf of a private client. Additional terms include a 5.54% interest rate, 30-year amortization schedule and a 65% loan-to-value.

The property is a manufacturing and distribution facility with 11 loading docks and six grade level doors, and nearly 19,000 square feet of newly constructed office space. It is fully occupied by one of the largest full-service electrical providers in the region. 

“Industrial demand across the San Diego MSA remains strong, driven by limited supply and continued tenant interest in functional distribution space,” said Elliott. “The property offers investors a strategic opportunity to reposition a sizable, modern facility in a land‑constrained market.”

Don’t Miss Carter Andrus, Chief Operating Officer of Prologis, as the keynote interview at Connect Industrial Midwest.— taking place Tuesday afternoon, March 10, 2026, at Joe’s Live in Rosemont, IL.