$788K TRANSACTION REPRESENTS ONE OF THE LARGEST OFFICE LEASE DEALS IN EAST COUNTY THIS YEAR
20-year-old local business, Center for Positive Change, signs 5-year lease relocating to a larger location
Center for Positive Change (CFPC) has signed a five-year lease to occupy an approximate 11,632 square foot office building at 7474 El Cajon Boulevard in La Mesa for $787,968. Term commencement for this lease is August 1, 2019 and will enable CFPC to expand into a larger and more accessible location to better serve their clients. Senior Directors of Intersection, Kyle Clark and Dan McCarthy, represented both the lessor and lessee in the transaction.
This new lease represents an important component to improvements along the long-neglected stretch of El Cajon Blvd., between La Mesa Blvd. and 70th Street.
This single-tenant property is one of the few spaces of this size currently available in the office market and the transaction represents one of the larger office lease deals in East County this year. Kyle Clark of Intersection noted, “This new lease represents an important component to improvements along the long-neglected stretch of El Cajon Blvd., between La Mesa Blvd. and 70th Street. With new restaurants opening and multiple multi-family residential projects either planned or currently underway within just a few blocks of the site, the location promises a good home for the lessee.”
The owner of the property plans to invest in a remodel of the exterior structure, landscaping and parking areas.
Center for Positive Changes (CFPC) is a non-profit agency founded in 1999 dedicated to providing effective, quality treatment within their practice, to their clients, who include both the children in residential therapy at CFPC and their families. For more information, visit Center for Positive Changes website.
Emily Bane is the Marketing Coordinator at Intersection, providing support to Brokerage and Investment teams through digital marketing and social media strategy. Contact Emily at 619-819-8725 or [email protected]