San Diego Business Journal

Oceanside Industrial Buildings Sold for $4.4 Million

By Lou Hirsh Tuesday, January 21, 2014
Photo courtesy of CoStar Group

Photo courtesy of CoStar Group

BKM Development Co. LLC of Costa Mesa has sold nine industrial condos in Oceanside for a total of approximately $4.4 million, according to CoStar Group and public data.

The buildings, totaling more than 46,000 square feet, are located at 1826-1850 Ord Way, at Oceanside Gateway Business Park, and were sold over the past several months, with the last two sales recorded in late December. The buildings accommodate warehousing and related operations.

Three of the properties were acquired by Oceanside-based Steico Industries Inc. The company manufactures precision tube and weld assemblies used in aviation, defense and other commercial industries, according to its website.

CoStar said the remaining properties were sold to multiple individual buyers. BKM Development was represented by brokerage services providers Lee & Associates and Voit Real Estate Services.