Stos Partners has sold a 61,112-square-foot industrial complex located at 1545-1565 La Mirada Dr. in the North County San Diego market of San Marcos to a private investor for $12.5 million. In May 2021, Stos Partners acquired the property for $8.77 million and implemented its value-add strategy and capital improvement program which included a new roof, parking lot, exterior painting, drought resistant landscaping and signage.
CJ Stos – principal & founder of Stos Partners – commented: “Our team identified this asset’s value during the initial acquisition in 2021 through deep relationships with local brokers; we were able to secure a buyer in an efficient manner.” Matt Pourcho , Anthony Delorenzo , Matt Harris from CBRE along with Chris Roth , Rusty Williams , Jake Rubendall from Lee & Associates represented Stos Partners while Brant Aberg and Bryce Aberg from Cushman & Wakefield acted on behalf of the buyer .
The sale marks another successful divestment by Stos Partners who continue to demonstrate their expertise when it comes to adding value through strategic investments within commercial real estate markets across California .
