Oceanside, CA
CBRE Brokers $11.5 Million Industrial Property Sale in Oceanside
November 10, 2025
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CBRE has brokered the $11.5 million sale of a 51,840-square-foot industrial property at 4675 North Avenue in Oceanside, Calif.
CBRE's Casey Sterk and Matt Pourcho represented the Seller, Grasik LLC, in the disposition. An investor and future owner, Standard Plumbing Inc., bought the property.
"This deal delivered the ultimate win-win where we secured a great sale price from a strategic future owner-user who saw the value in taking control now, while simultaneously providing our seller with the opportunity to exit a long-term lease burdened by a below-market rent," said Sterk, vice president at CBRE.
The property features two drive-in doors and excellent access to both Interstate 5 and State Route 78, making it a strategic asset for manufacturing or distribution operations.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, digital infrastructure services); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.