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California  + San Diego  + Industrial  | 

RAF Pacifica Sells 1M-SF Industrial Portfolio for $170M

RAF Pacifica Group disposed of an industrial portfolio totaling more than one million square feet of Class A assets in San Diego County for roughly $170 million. The buyer was undisclosed.

The portfolio consists of 12 institutional-quality core industrial assets spread throughout the northern county cities of Carlsbad (three projects), Vista (four projects), San Marcos (three projects), plus nearby Temecula (two projects).

Cushman & Wakefield’s Aric Starck represented the seller in the transaction. The buyer was self-represented.

Starck says, “The RAF Portfolio is a dynamic collection of industrial assets strategically located throughout the region. Featuring the ideal combination of quality and efficiency, the portfolio incorporates a remarkable mix of existing core assets, fully renovated warehouse/distribution centers, as well as newly developed state-of-the-art projects. Each asset is strategically positioned in sought-after locations characterized by superior access to freeways, amenities, airports and residential communities.”

The portfolio included:
– dis·trib·ute, 3261 and 3266 Lionshead Ave., Carlsbad
– 3193 Lionshead Ave., Carlsbad
– 2281 Las Palmas Dr., Carlsbad
– gen·er·ate, 1125 Joshua Way, Vista
– 1385 Park Center Dr., Vista
– 2641 and 2651 La Mirada Dr., Vista
– 120 Mata Way, San Marcos
– pro·duc·tion, 195 Bosstick Blvd., 2946, 2950 and 2954 Norman Strasse Rd., San Marcos
– 1880 Diamond St., San Marcos
– 26201 Ynez Rd., Temecula
– 42259 Rio Nedo Rd., Temecula


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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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