Industrial

CARLSBAD, CALIF. — Cassidy Turley BRE Commercial has represented Bank of America in its sale of three industrial parcels of land, located off of Palomar Airport Road between El Fuerte and Gateway Road in the Bressi Ranch area of Carlsbad, for a total of $3.37 million. Both planning to hold for future development, the Roncelli Family Trust purchased lot 10, and The Weeks Group acquired lots 11 and 12. Cassidy Turley BRE Commercial’s Dennis Visser and Aric Starck represented Bank of America in the transaction involving the all-cash buyers.

PHOENIX — Cassidy Turley BRE Commercial has completed the $7.8 million sale of the 133,600-square-foot Mountain Vista Commerce Center located at 14647 S. 50th St. in Phoenix. California-based Buchanan Street Partners purchased the multi-tenant, flex industrial property from Berkadia Commercial Mortgage, a special servicer for a CMBS pool. Built in 1999, the property was 72 percent leased at the time of sale. Cassidy Turley BRE Commercial’s Bob Buckley, Steve Lindley and Tracy Cartledge represented both the buyer and the seller in the transaction.

HAYWARD, CALIF. — Lee & Associates has handled U.S. Trading’s acquisition of an approximately 130,000-square-foot warehouse building located within close proximity to Interstate 880 at 21118 Cabot Blvd. in Hayward. Constructed in the early 1980s, the concrete tilt-up building features 20+ docks and heavy power. Lee & Associates’ Jesse Lucas and Chris Schofield represented the buyer in the transaction; ProLogis, the seller, was represented in-house.