Industrial Building in El Cajon Sold for $900,000

Published on September 21, 2011

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SAN DIEGO – Cassidy Turley BRE Commercial, San Diego’s market leader in commercial real estate services, today announced the sale of the industrial building located at 317 Cypress Lane in El Cajon for $900,000.

The 4,000-square-foot building sits on 0.92 acres of improved land and is located in the City of El Cajon M zone, which allows for outside storage by right.

The Daniel Miller Family Trust purchased the property from Cypress Lane Properties, LLC. Cypress Lane Properties, LLC exchanged into the property in May 2011 and then provided seller financing to the buyer of the current transaction.

Cameron Czubernat and Ken Ruppert of Cassidy Turley BRE Commercial represented both the buyer and seller in the transaction.

About Cassidy Turley

Cassidy Turley is a leading commercial real estate services provider with 3,300 professionals in 60 offices nationwide. The company represents a wide range of clients—from small businesses to Fortune 500 companies, from local non-profits to major institutions. The firm completed transactions valued at $18 billion in 2010, manages 455 million square feet on behalf of private, institutional and corporate clients and supports over 25,000 domestic corporate services locations. Cassidy Turley serves owners, investors and occupiers with a full spectrum of integrated commercial real estate services—including capital markets, tenant representation, corporate services, project leasing, property management, project and development services, and research and consulting. In 2010, the firm enhanced its global service delivery outside of North America through its partnership with GVA. Please visit www.cassidyturley.com for more information about Cassidy Turley.

Cassidy Turley provides regional real estate services with local San Diego market leader Cassidy Turley BRE Commercial. The company’s dominant market presence includes more than 160 professionals and staff in five local offices and recorded nearly $1.2 billion in transactions in 2010. For more information about Cassidy Turley BRE Commercial, please visit www.brecommercial.com.

Lesley-Joann Kolb

858.625.5244

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