Most Recent Industrial Development in San Marcos Sells for $50 Million ...Middle East

2946 Norman Strasse Road in San Marcos. Photo credit: Screen shot, Google Street View A portfolio made up of two industrial projects, including a San Marcos site, has been sold to different buyers for a combined $74 million, a real estate firm announced. The four-building Class A industrial project, totaling 221,294 square feet, was 100% leased at the time of sale. Built in 2018, the site, at 195 Bosstick Blvd. and 2946-54 Norman Strasse Road, sold to Investcorp for $50 million. The other project, in Temecula, includes two industrial buildings located at 26201 Ynez Road and 42259 Rio Nedo Road. The assets sold to Cire Equity in San Diego for $24.04 million. Cushman & Wakefield

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