A Success Story: Parkway Centre One

Property •

  • A high quality, divisible, institutional asset, containing 126,720 sf on 7.8 acres of land


  • 100% leased property was the corporate headquarters of a NYSE listed company
  • Long term lease with substantial tenant improvements investment by the tenant
  • Infill location in an improving sub-market of San Diego
  • Ability to enhance yields with leverage


  • Suitable for either single or multi-tenant use
  • Located in the master planned Parkway Business Park, neighbored by major Fortune 1000 companies such as GEICO Direct, First American/CREDCO and Mitchell/Snap On
  • Foresaw that completion of the new 56 Freeway linking I-5 on the coast and I-15, the inland corridor would substantially enhance desirability of this sub-market
  • Strong and increasing cash flows provided downside protection and increasing cash flow

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