Entrepreneurs and small businesses will now have an opportunity to purchase Class A office space in one of the nation's fastest growing areas, EastLake, at 2080 Otay Lakes Road, immediately west and visible from the soon-to-open SR 125 freeway.
Urban West, a Southern California developer that specializes in creating "custom jewel boxes" for new and growing businesses, has just released EastLake Village Limited Edition, a contemporary loft-style office condominium development in the award-winning EastLake community in Chula Vista. The city of Chula Vista currently ranks as the seventh fastest growing city in the United States, and EastLake is recognized as San Diego County's most successful master-planned community.
EastLake Village Limited Edition is the perfect office space solution for business owners that want to work close to their homes in the desirable EastLake location. And because the development is strategically located less than 10 minutes from the U.S. International Border Crossing, it also serves South San Diego County's international business owners in nearby Baja California, Mexico, some of who reside in EastLake.
"Business owners recognize the advantages of working near their homes, as well as investing in their workplace, but there are few opportunities of this kind for smaller professional services firms that want a preferred EastLake location," said David DiRienzo, president of Santa Ana-based Urban West. "EastLake Village Limited Edition fills this unique niche by giving buyers the ability to purchase a portion of a building or multiple buildings so they get just the amount of space they need, with all of the financial benefits of ownership versus leasing."
EastLake Village Limited Edition offers small businesses the opportunity to own office condominium properties from 2,608 to 10,725 square feet, in a professional business park totaling more than 67,000 square feet. Designed by Ware Malcomb, the properties feature a trendy urban design with masonry split block exteriors, expansive aluminum-framed glass roll-up doors, and tall, open ceilings with heights up to 12 feet. The buildings' simplistic, streamlined exterior design gives owners a canvas to define the vision of their business image. Buyers will be able to create their own custom office space that reflects their personal style, image, requirements and design preference.
EastLake Village Limited Edition offers a number of purchase options with as little as 10 percent down. SBA and conventional financing plans are available.
"Commercial condominiums are becoming an increasingly popular way for company owners to realize the benefits of equity investment in their workplaces, which ultimately translate into lower costs than traditional leasing," said Charlie Adolphe, vice president with Burnham Real Estate. "There are numerous tax benefits, as well as the appreciation of the real estate over time in a market that is supported by high demand, limited supply and strong economic fundamentals."
For more information on EastLake Village Limited Edition, call Charlie Adolphe or Barry Mahlberg at (858) 452-6500, or visit the Website at www.eastlakelimited.com.
Submitted by Burnham Real Estate.