Thursday, July 30, 2015

HFF closes sale of three-building corporate headquarters campus in San Diego, CA


Campus at Copley, 5751, 5761 and 5771 Copley Drive,  San Diego, CA


 
Nick Psyllos
SAN DIEGO, CA, July 30, 2015 - Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the sale of Campus at Copley, a three-building, 101,571-square-foot corporate headquarters office campus in San Diego, California.

HFF marketed the asset on behalf of the seller, HighBrook Investment Management, LP.  The property was purchased by The Gildred Companies.

Campus at Copley is situated on nearly seven acres at 5751, 5761 and 5771 Copley Drive between Interstate 805 and Route 52 in the Kearny Mesa submarket of San Diego.

 This location offers substantial power infrastructure and excellent fiber connectivity with multiple fiber optic options for a telco facility, a building use making up approximately one-third of the rent roll. 

The property is 96 percent leased to four tenants including XO Communications, EdgeConneX, Reva Medical and Kleinfelder with a weighted average remaining lease term of more than six years. 

The HFF investment sales team representing the seller was led by senior managing director Nick Psyllos and director Nick Frasco. 

For a complete copy of the company’s news release, please contact:

Kristen M. Murphy
Associate Director
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com


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