A Vista buyer recorded as VCIT LLC has acquired an industrial and office property in that city for approximately $3.92 million, according to brokerage firm Lee & Associates.
The sellers of the multi-tenant “flex” property, with industrial and office elements at 1120 Sycamore Ave., were Michael and Jamie McCloy of Vista. The buyer was represented by Lee & Associates’ Isaac Little, Marko Dragovic and TJ Donnelly.
Brokers said the property, near state Route 78, includes two-story office suites and single-level industrial units. It was 88 percent leased to eight tenants at the time of sale.
According to CoStar Group and public data, the buying entity is an affiliate of La Mirada-based Starow Metal Co. Inc. The property was built on 2.44 acres in 1986.
The seller was represented by Chris Baumgart and Barry Hendler of Cushman & Wakefield