Voit Directs the $7.3M Disposition of a 2-Acre IOS Property in National City

Aerial view of 3202 Hoover in National City

National City, Calif., (August 29, 2024) – Patrick Connors, Senior Vice President and partner, and Michael Mossmer, Senior Vice President and partner, of Voit Real Estate Services’ San Diego Office successfully directed the $7,300,000 sale of a 2.06-acre-industrial parcel with a 4,500-square-foot building in National City. The Voit team represented the seller, Wentworth Property Company, which is based out of Phoenix, Arizona. The buyer, Macias Consulting Services, LLC, a fleet services company based in San Diego, was represented by Minerva Garcia of Coldwell Banker West.

The sale of this 2(+)-acre property highlights the increasing demand for land in National City, as businesses continue to recognize the area’s strategic location and opportunities for growth. The parcel was one of two land parcels purchased by Wentworth Property Company in 2021. The remaining vacant three acres are planned for development or sale and are actively being marketed.

Macias Consulting Services will use this property for its fleet services operations according to Mossmer. The company has plans to renovate the existing office and warehouse space to accommodate the growth of its operation and utilize the vast open yard space for commercial fleet parking.

“This property represents one of the only significant industrial outside storage properties (IOS) in the San Diego market west of the 805. The site’s prime Interstate 5 visibility and convenient access to all the major San Diego throughfares represented an amazing opportunity for the buyer to increase the size of its San Diego presence, while increasing the efficiencies of his business,” according to Connors.

The property is located at 3202 Hoover Avenue, National City, CA.

About Voit Real Estate Services
Voit Real Estate Services is a privately held, broker-owned Southern California commercial real estate firm that provides strategic property solutions tailored to clients’ needs. Throughout its more than 50-year history, the firm has completed in excess of $62.3 billion in brokerage transactions encompassing more than 56,500 brokerage deals. Voit’s unmatched expertise in Southern California brokerage, investment advisory, financial analysis, and market research enables the firm to provide clients with forward-looking strategies that create value for a wide range of assets and portfolios. Further information is available at www.voitco.com.

About Wentworth Property Company
Wentworth Property Company (Wentworth) is an industry-leading commercial real estate company with proven experience in development, acquisitions and management. A Phoenix based company, Wentworth has a national presence through its developments in numerous states and a satellite office in Dallas. Wentworth’s projects include ground-up development, build-to-suit, acquisitions and redevelopment in office, medical office, industrial, multifamily and storage properties. Wentworth’s team of professionals have been involved in over 9.5 MSF of development and acquisition transactions. For additional information visit wentworthproperty.com

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Jennifer Dynda
Marketing Manager

jdynda@voitco.com
(714) 978 - 7880