Tuesday, May 28, 2019

HFF closes $16.5 million sale of office property in San Diego’s life science and technology submarket


10455 Pacific Center Court, a 92,477-square-foot office property located in the Sorrento Mesa submarket of San Diego, CA.

SAN DIEGO, CA,  May 28, 2019 – HFF announces that it has closed the $16.5 million sale of 10455 Pacific Center Court, a 92,477-square-foot office property located in the Sorrento Mesa submarket of San Diego, California.

Nick Psyllos
HFF represented the seller in the sale of the property to a partnership between Graymark Capital and an institutional partner. 

10455 Pacific Center Court is positioned on a 7.7-acre, canyon-edge lot in Sorrento Mesa, the epicenter of San Diego’s growth industries, with technology, life sciences and telecommunications representing a substantial presence in the submarket. 

The two-story property features 13.5’-16.9’ slab-to-slab heights, abundant window lines, functional floor plates and high-bay loading docks with roll-up door access.  10455 Pacific Center Court is currently 45.2% leased.    

The HFF investment advisory team representing the seller was led by senior managing director Nick Psyllos and senior associate Kara Mathis.

Holliday GP Corp. (“HFF”) is a real estate broker licensed with the California Department of Real Estate, License Number 01385740.


Kara Mathis

About Graymark Capital

Graymark Capital is an industry-leading commercial real estate firm, headquartered in San Francisco, California.  The firm invests in office, industrial and R & D properties in the Western U.S. that appeal to today's modern tenants. Since 2012, Graymark Capital has purchased 22 properties comprising over $700 million of value.

CONTACTS:

NICK PSYLLOS
CA Lic. #00788060
HFF Senior Managing Director
(858) 552-7690

KRISTEN MURPHY
HFF Director, Public Relations
(617) 848-1572


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