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California  + San Diego  + Industrial  | 

Rare Vista Industrial/Flex Property Nabbed

A one-of-a-kind, multi-tenant industrial building in North San Diego County sold for $3.925 million. Located at 1120 Sycamore Ave. in Vista, CA, the 27,893-square-foot building was acquired by VCJT, LLC.  The seller was an affiliate of Banyan Road Capital.

1120 Sycamore Ave. was built in 1986 and completed significant renovations in 2016. The freestanding building is situated on a 2.4-acre parcel.

Lee & Associates’ Isaac Little, Marko Dragovic and TJ Donnelly represented the buyer. Cushman & Wakefield’s Chris Baumgart and Barry Hendler represented the seller, a San Diego investment firm.

Baumgart says, “Approximately 87% leased to eight tenants at time of sale, this unique multi-tenant property offered a diverse tenant profile mix with strong local and national credit.”

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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.