Pacific Coast Commercial Brokers $10 Million Sale of Pioneer Business Park in El Cajon
- Mar 24
- 3 min read
EL CAJON, CA – Pacific Coast Commercial is pleased to announce the successful closing of Pioneer Business Park, a premier multi-tenant industrial facility located at 1050 Pioneer Way, El Cajon, CA 92020. The landmark transaction closed on February 27, 2026, for a purchase price of $10,000,000.
The property, a ±45,276-square-foot concrete tilt-up structure situated on 2.56 acres, was acquired by Paradise Properties of East County, LLC from the Brown Trust in an all-cash deal. This sale marks a significant milestone for the region, as it is the first time the asset has changed hands since it was constructed in 1979 by the late Richard "Dick" Brown—former Mayor of El Cajon and San Diego County Supervisor—and his wife, Dorothy.
Strategically positioned within El Cajon’s thriving industrial corridor, the park is home to 14 small businesses, many of which have operated at this location for over 20 years. The property is zoned "M" (Manufacturing), reflecting its core utility in the heart of the East County industrial market.
“This acquisition represents an exciting opportunity to steward a well-established community asset,” said Ken Robak, Executive Director of Brokerage at Pacific Coast Commercial. “We are committed to maintaining Pioneer Business Park’s reputation as a premier industrial facility while thoughtfully implementing strategic upgrades that will enhance value for both ownership and tenants.”
Brian Crepeau, Executive Director of Brokerage at Pacific Coast Commercial, added: “The new ownership team is dedicated to operating this property as a best-in-class industrial park. Paradise Properties’ vision aligns perfectly with the legacy that Dick and Dorothy Brown established nearly five decades ago.”
Pacific Coast Commercial provided dual representation for both the buyer and the seller in this transaction and will continue to oversee the leasing and property management services for the facility. Escrow and title services were expertly handled by the Church Team at Ticor Title Company and Tonya Courtney.
Property Details
Address: 1050 Pioneer Way, El Cajon, CA 92020
Property Type: Multi-Tenant Industrial / Office
Square Footage: ± 45,276 SF
Lot Size: Approx. 2.56 Acres
Sale Price: $10,000,000
Close of Escrow: February 27, 2026
Escrow/Title Company: Ticor Title Company
Financing: All-Cash Transaction
Representation
Dual Representation: Pacific Coast Commercial
Ken Robak (Lic. 01236527)
Brian Crepeau (Lic. 01169628)
Contact Information
Pacific Coast Commercial
Office: (619) 469-3600
10721 Treena St., Suite 200, San Diego, CA 92131
Lic. 01209930
KEN ROBAK
(619) 666-4600
Lic. 01236527
BRIAN CREPEAU
(619) 572-9813
Lic. 01169628
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