El Cajon, CA - [November 1, 2023] - A commercial real estate transaction has taken place in the heart of the Venture Business Park, marking a significant accomplishment in the Santee real estate landscape. The sale, which concluded on October 19, 2023, involved the exchange of an approximate 1,928 square foot Industrial/Commercial Condo, setting a new benchmark within the project with a selling price of $615,000.
Ken Robak of Pacific Coast Commercial represented the buyer and Nick Mane from Pacific Coast Commercial represented the seller.
"This sale signifies a win-win for both parties, highlighting the property's inherent value and the buyer's vision for growth and success within the thriving Venture Business Park."
The financing for this noteworthy transaction was secured through SBA by Merri Adams of TMC Financing and Wells Fargo, underscoring the confidence and commitment of financial institutions in supporting strategic real estate investments.
Escrow services were efficiently managed by Chicago Title, where Tony Taglialavore and Angela Perez ensured a smooth and seamless transition throughout the closing process.
The Industrial/Commercial Condo at the Venture Business Park holds immense promise for the new owners, Hoover & Ned Group LLC, as they embark on their journey within this vibrant commercial landscape. The location's strategic advantages and the property's features make it an ideal investment for businesses looking to establish a strong foothold in the area.
For further information or to explore similar opportunities, please contact: Ken Robak and Nick Mane at Pacific Coast Commercial at 619-469-3600 or via email at Nick@PacificCoastCommercial.com.
About Pacific Coast Commercial:
Pacific Coast Commercial is a leading full-service San Diego commercial real estate brokerage firm specializing in sales, leasing, and investment. With extensive experience and a commitment to excellence, Pacific Coast Commercial delivers customized solutions for clients across a range of industries, from local businesses to national corporations.
For Media Inquiries:
Ken Robak & Nick Mane
Pacific Coast Commercial
Phone: 619-469-3600
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