Property •
- A high quality, divisible Industrial/R&D building containing 70,720 sf on 4.46 acres of land
Strategy
- The project was 100% leased to a company, which had significant ownership by an institutional partner
- Long term lease with high end finishes and used as tenant’s corporate headquarters
- Lushly landscaped and an infill location in a growing sub-market of San Diego
Rationale
- Excellent location and visibility with frontage and immediate access to Scripps Poway Parkway, the main east-west artery connection to Interstate 15
- Suitable for either single or multiple tenant use
- High quality infill site in a growing submarket of San Diego with an excellent labor pool and rising rental market, but lower rents and more competitive with the coastal markets
- Neighbors include Fortune 500 companies such as Costco and Home Depot
- Completion of the new 56 Freeway linking I-5 on the coast and I-15, the inland corridor, created enhanced desirability of this inland location