written by
Natalie Baylon

August 2025 – Intersection Equities, LLC, in partnership with an affiliate of Blue Vista Capital Management, LLC, is pleased to announce the sale of three standalone industrial buildings totaling 7,459 square feet within Shadow Rock Commerce Center in Jurupa Valley, California. Closed over the past year, the transactions achieved an aggregate value of $1,960,000 ($263/SF) and represent key milestones in the execution of Intersection’s value-add business plan for the Inland Empire property.

“Executing these sales underscores both the strength of the Inland Empire market and the success of our repositioning strategy,” said Tara Moore, Asset Manager for Intersection Equities. “We were able to create outcomes that appealed to distinct buyer profiles while maximizing value for our investors.”

Anton Myskiw, Senior Associate with Intersection Equities, added: “These transactions were a critical step in buying down our basis and de-risking the overall investment. By executing partial sales while continuing to enhance the remaining buildings in the portfolio, we’re advancing the property toward long-term stabilization and value creation.”

Intersection and Blue Vista acquired Shadow Rock Commerce Center in June 2023 as part of their strategy to identify and acquire well-located industrial assets with value-add potential. The partnership continues to own and operate the remaining buildings within the multi-building project, with a focus on further improvements and long-term performance.

written by
Natalie Baylon
Escondido, CA – August, 2025 – Intersection Commercial Brokerage, Inc. (“Intersection”) is pleased to announce the sale of a 2,333 square foot office building located at 437 W. Grand Avenue in Escondido, California, to Motionstrand, a website development company with deep roots in the community. The property sold for $993,650.
The single-tenant office building was formerly occupied by the seller’s engineering firm, which had both designed and operated in the space for many years. Delivered in move-in ready condition, the building offered an attractive opportunity for Motionstrand to purchase their own office and invest in the long-term growth of downtown Escondido.
“Motionstrand’s partners are both from Escondido, so staying local was important,” said Alec Spencer, Senior Associate at Intersection. “With the positive changes happening in downtown Escondido, this purchase allowed them to take advantage of owner-user financing while remaining in the heart of a community they are proud to be part of.”

Motionstrand plans to occupy the space without significant renovations, solidifying its commitment to being part of the city’s business community for years to come.

About Motionstrand
Motionstrand is a website development company with a focus on creative, strategic, and technical solutions. Founded by two Escondido natives, the company brings digital innovation while staying connected to its local roots.
written by
Natalie Baylon

Landmark Point Loma Retail & Office Center Sells for $8.2M in Rare Ownership Transfer

Canon Street Marine Center, a popular retail and office center in Point Loma Village, has been sold to NorthStar Homes, LP for $8.2 million. The sale includes two adjacent properties at 2810-2832 Cañon Street and 1101-1111 Scott Street. This marks the first change in ownership since the property was built.

Prime Location & Strong Market Appeal

Located just one block from San Diego Bay, Canon Street Marine Center benefits from high foot traffic and a thriving retail and dining scene. Moreover, its proximity to the San Diego Yacht Club enhances its visibility and desirability.

For decades, the property has remained family-owned and 100% leased. In fact, it boasts nine long-term tenants with zero turnover in the past eight years. Given its trophy location, strong occupancy, and flexible zoning, the center stands out as a valuable asset in San Diego’s competitive real estate market.

Expert Representation & Market Insights

“As a Point Loma native, this property has been a part of my daily life for years. Seeing it transition to new ownership marks the beginning of an exciting new era for the center and the community,” said Kyle Clark, Senior Director at Intersection, who represented the seller. “Its legacy as a well-maintained, fully leased asset in one of San Diego’s most desirable neighborhoods will continue under NorthStar Homes’ stewardship.”

Future Plans & Investment Strategy

NorthStar Homes, LP plans to hold the property as a long-term investment, recognizing the strong tenant base and prime location as key value drivers. The new ownership intends to evaluate and renegotiate below-market leases to ensure continued strong financial performance.

Transaction Representation

This sale underscores Point Loma’s strength as a premier commercial real estate market, attracting investors seeking stable, high-performing properties in waterfront-adjacent locations.

For more information about this transaction, contact Kyle Clark at [email protected] or 619-997-9537.

written by
Natalie Baylon

Intersection Equities, in partnership with Sundance Bay, has acquired Valley View Industrial, a 48,304-square-foot multi-tenant flex industrial facility in Southwest Las Vegas. The property at 5325 S. Valley View Blvd. sold for $8.75 million ($181 per square foot), strengthening Intersection’s commitment to the shallow-bay industrial sector.

Strategic Investment in a High-Growth Market

This marks Intersection’s seventh industrial investment and fourth in Las Vegas, reinforcing its focus on well-located properties with strong fundamentals. Valley View Industrial spans 1.9 acres and offers nine warehouse/office units ranging from 1,000 to 28,000 square feet. The property features:

  • 14’ to 18’ clear heights
  • 11 grade-level doors
  • High-visibility hard-corner location with strong daily traffic

Growing Demand for Las Vegas Industrial Space

“The demand for shallow-bay industrial properties in Las Vegas keeps rising due to population growth, strong tenant demand, and a limited supply of new developments,” said Anton Myskiw, Associate at Intersection. “This acquisition aligns with our strategy to invest in prime locations with value-add potential.”

Rocco Cortese, CEO of Intersection, added, “Our investment in Valley View Industrial reflects our commitment to enhancing industrial properties in dynamic markets. Through strategic upgrades and hands-on asset management, we aim to drive long-term value for investors and tenants.”

Prime Location with Excellent Connectivity

Valley View Industrial sits near Highway 15 and Highway 593, offering quick access to the Las Vegas Strip and major transportation routes. Given the scarcity of similar industrial properties, the facility is expected to attract a wide range of tenants, including warehousing, manufacturing, and logistics businesses.

Planned Upgrades & Value-Add Strategy

Intersection Equities plans key property enhancements to elevate Valley View Industrial to an institutional-quality asset. Planned improvements include:

  • Façade upgrades to modernize the exterior
  • New exterior paint for a fresh, updated look
  • Parking lot seal and stripe enhancements to boost curb appeal and long-term value

Transaction Details

Erik Sexton and Camila Rosales of NAI Excel represented the buyer in the transaction. The seller, Sanders Wyoming Trust, participated in the negotiations.

 

written by
Natalie Baylon

Intersection Equities Sells Key West Business Park in Gilbert, AZ for $19.05

Sale Demonstrates Strong Value-Add Strategy and Robust Market Fundamentals

Exterior view of Key West Business Park in Gilbert, Arizona, showcasing newly painted blue and white buildings and lush landscaping with mature trees.

Intersection Equities is pleased to announce the successful off-market sale of the Key West Business Park in Gilbert, Arizona. The property was acquired by CSIM Key West Owner LLC, a Delaware limited liability company, for a total price of $19,050,000, or $199 per square foot. The transaction includes 95,945 square feet of industrial space located at 700, 720, and 734 N Golden Key Street, Gilbert, AZ 85233-3803.

Key West Business Park was originally acquired by Intersection Equities in May 2022, which recognized the asset’s strategic location, strong submarket fundamentals, and significant value-add potential. In alignment with their investment strategy, Intersection Equities invested in a series of capital improvements that included addressing deferred maintenance, enhancing curb appeal with new paint, landscaping upgrades, and parking lot repairs.

“We saw the potential to transform Key West Business Park through a proactive leasing program led by capital expenditures that enhanced both the appearance and operations of the property,” said Rocco Cortese, CEO and Co-founder of Intersection. “This sale generated strong value-add returns for our investors and further validated our thesis around small-bay industrial properties.”

Following these improvements, over 93% of the rentable square footage was re-tenanted, and the property was sold with a Weighted Average Lease Term (WALT) of two years, providing the new buyer with the opportunity to further increase rents. The investment’s overall success was underscored by a significant increase in rental rates: the weighted average rental rate at acquisition was $0.50 per square foot, and at sale, it had risen to $1.06 NNN per square foot.

“We were able to push rents well beyond what we initially underwrote, thanks to the strong location and tight market conditions,” added Anton Myskiw, Senior Associate at Intersection. “Despite the challenges in the capital markets, we were able to meet our financial projections and deliver strong returns.”

The property was sold to CSIM Key West Owner LLC, who participated in the sale process when the property was originally marketed in 2023.

The successful transaction reflects the continued demand for well-located industrial assets in the Gilbert area and highlights the strategic value of industrial real estate in high-growth markets. Intersection Equities plans to continue to pursue similar opportunities in key U.S. markets as part of its ongoing investment strategy.

To learn more about this transactions, please reach out to Anton Myskiw @[email protected]

written by
Natalie Baylon

Celebrating 10 Years of Intersection: A Journey of Growth, Partnership, and Vision

1596-190 S. Rancho Santa Fe Road, San Marcos, CA 92078

As we celebrate the 10th anniversary of Intersection, we reflect on an incredible journey. It all started decades ago with two individuals, a shared vision, and a commitment to excellence. From their early days at Coldwell Banker Commercial in downtown Los Angeles, our founders—Rocco Cortese and Mark Hoekstra—laid the groundwork for a thriving real estate company. Their story highlights the power of collaboration, innovation, and strong partnerships in commercial real estate.

Humble Beginnings: A Partnership Forms

In 1987, Rocco and Mark met at Coldwell Banker Commercial in downtown Los Angeles. Their careers soon took different paths, but the bond they formed set the stage for something bigger.

Rocco left Coldwell Banker to build a successful brokerage career with JLL in San Francisco. During this time, he excelled professionally while also starting a family, marking a period of personal and career growth.

Meanwhile, Mark joined IDS Real Estate and launched the company’s San Diego office. After years of success, he founded Heritage Real Estate Advisors, solidifying his leadership in the industry.

A New Chapter: The Birth of The Heritage Group

On November 14, 2014, Rocco and Mark reunited. They combined their experience and vision in a small office on State Street in Little Italy, San Diego. That day, they founded The Heritage Group, a company built on trust, partnership, and exceptional service.

Their complementary skills created a strong foundation. Rocco brought expertise in capital markets and investment management. Mark contributed deep knowledge of real estate operations and services. Together, they set the stage for future success.

The Evolution to Intersection

In 2018, the company rebranded from The Heritage Group to Intersection. The new name reflected the company’s core value: partnership. Just like an intersection, where paths meet, the company brought together diverse expertise to create something greater.

This rebranding was more than a name change. It marked a broader vision. The company expanded beyond property management to include real estate investments, brokerage, and facilities services. Clients now had access to a full suite of integrated real estate solutions.

Expansion and Growth

The momentum continued in 2019. Intersection expanded into Lindon, UT, marking its first office outside California. Acquiring a major property management account in Utah added seven team members and strengthened the company’s national presence.

Today, Intersection has grown to more than 45 team members. The company operates across four service areas: Brokerage, Equities, Real Estate Services, and Facility Services. This diversification allows the firm to offer a fully integrated approach to commercial real estate.

Looking Ahead: A Promising Future

As we celebrate 10 years, we look ahead with excitement. The past decade has been extraordinary, but the best is yet to come. Intersection remains dedicated to strong relationships, trusted partnerships, and delivering exceptional value across all sectors of commercial real estate.

Our growth over the years is just the beginning. As we expand and refine our services, we stay true to our core values: wisdom, equality, determination, ingenuity, stewardship and collaboration. The future holds exciting opportunities as we continue shaping the industry.

Here’s to 10 years of success—and many more to come!

Thank you to everyone who has been part of this incredible journey. Whether you’ve been with us from the beginning or joined us along the way, we couldn’t have done it without you. Here’s to the future of Intersection, where the next intersection of growth and opportunity awaits!

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