Stos Partners in the News

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Institutional Investor Bags Improved Last-Mile Center

  NATIONAL CITY, CA—Stos Partners has sold 901 Bay Marina Dr. here, a 91,541-square-foot single-tenant industrial property, after owning the asset for slightly more than a year and completing an improvement program on it. Stos purchased the property in November 2016 for $12.2 million, and its sale to an undisclosed institutional investor 14 months later…

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National City Building Sells for $21 million

  A National City industrial building with Amazon listed as its sole tenant by CoStar Property has been sold for $21 million. The 91,541 square-foot building at 901 Bay Marina Drive was sold by Stos Partners to an institutional investor which Stos did not identify. CoStar listed the buyer as Rreef Core Plus Industrial Fund.…

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Stos Partners Divests Amazon Distribution Facility

  Stos Partners has sold a 91,541-square-foot industrial building in National City for $21 million. The deal included three acres of excess land. CoStar data indicates that Amazon Inc. has occupied the building, at 901 Bay Marina Dr., as the sole tenant since January 2017, when it opened a distribution facility there. The “last mile”…

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National City Distribution Facility Sells for Over $200/sf

  A 91.5k sf, single-tenant industrial building in the National City submarket of San Diego was purchased for $21 mil ($230/sf) by an unnamed institutional buyer. The property, located at 901 Bay Marina Drive, is in close proximity to major freeways and ports and features approximately three acres of excess land. The buyer was able…

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Stos Partners Sells Industrial Building in San Diego for $21M

  SAN DIEGO — Stos Partners has sold a 91,541-square-foot industrial building in the National City submarket of San Diego for $21 million. The single-tenant building is located at 901 Bay Marina Drive. The asset is fully occupied. An undisclosed Fortune 500 company anchors the building. A large institutional investor acquired the property after it underwent several improvements,…

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Stos Partners Just Did the Deal Everyone in the Industry Wants to Do

February 1, 2018— Stos Partners, a privately held commercial real estate investment and management firm, has announced the $21 million sale of a 91,541 square-foot single-tenant industrial building in the National City submarket of San Diego, California. Stos acquired the asset in November of 2016 for $12.225 million, reflecting a 210% project level IRR in…

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Three Reasons Why South Bay Industrial Is So Tight

CHULA VISTA, CA—Stos Partners’ recent acquisition of a 170,805-square-foot multi-tenant industrial building here marks a rare off-market transaction in a comparatively affordable region where space is scarce, principal CJ Stos and partner Jason Richards tell GlobeSt.com.   Stos: “There’s a lack of new product being delivered to the market; there’s virtually no new development in…

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How To Identify Value In An Older Property

Stos: “In a nutshell: focus on what you know, and keep your eye on what’s ahead.” SAN DIEGO—It’s important to be aware of what today’s users want and to think about how those demands will evolve; from there, execute based on the anticipated needs, Stos Partners principal CJ Stos tells GlobeSt.com. The privately held commercial…

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Encinitas Firm Buys Two Commercial Properties for $7 Million

Stos Partners of Encinitas has acquired two commercial properties, located in San Dimas and Encinitas, for a total of $7 million, the company announced. A company statement said the investment firm purchased a 50,643-square-foot office building in San Dimas, previously owned by ITT Technical Institute, through a trustee sale for $5 million. Stos Partners was…

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