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7/11/25
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C&M Manufacturing Inc purchased a 12k sf IOS property located on 2.5 acres in El Cajon for $9.5 mil. The property is located at 1324–1336 Magnolia Ave, south of Bradley Ave and just west of Hwy 67.
The property includes warehouse, office, and yard space for outdoor storage. It features M-54 zoning, entitlement for outside storage, multiple access points, and a level fenced yard. C&M Manufacturing will occupy the property for its operations, including the production and distribution of its products for the oil and gas industry.
The asset was sold by Steel Peak, who originally acquired the property in February 2024 for $6.3 mil. The company transformed a rundown multi-tenant yard by demolishing several dilapidated structures, preserving just one office and two shop buildings that offered high utility for future tenants. After allowing the existing tenants to remain in place for the first 12 months, the site was repositioned with new paving, fencing, and comprehensive interior and exterior building upgrades. The redevelopment also opened up the site for full drive-through access and expanded yard space, significantly improving overall functionality for IOS tenants.
Cameron Czubernat and Kerry Schimpf of Commercial Property Group represented Steel Peak in the sale. Aidan James of Inland Pacific repped the buyer.
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