Carlsbad, CA – December 12, 2018 – Barr & Bennett Net Leased Investments Group, a Lee & Associates investment team, has completed the $2,750,000 investment sale of a 12,176 SF office building located at 3176 Lionshead Ave in the Lionshead Pointe Business Park.  The Seller, doing Business as Cenergy Power, signed a 5-year lease on the entire second floor of the property which was fully built out as creative office space. The first floor was in warm shell condition and the Buyer plans to construct two creative office suites ranging in size from 2,500 to 3,000 SF, which will be put on the market for lease in the first quarter of 2019.

 

Ryan Bennett and Ryan Barr, along with Isaac Little, Marko Dragovic, and TJ Donnelly with Lee & Associates – North San Diego County represented the Seller, BAP Power Corporation and Buyer, JFCM Lionsgate, LLC in the transaction.