Sunday, August 9, 2015

Four-campus office portfolio in San Diego, CA trades for $258 million via HFF

  
Governor Pointe Campus, 6200 and 6220 Greenwich Drive, San Diego, CA


 
Nick Psyllos
SAN DIEGO, CA –  Holliday Fenoglio Fowler, L.P. (HFF) announced it has closed the $258 million sale of four office campuses totaling nine buildings and 933,134 square feet in San Diego, California. 

HFF marketed the sale on behalf of Kilroy Realty Corporation. 

The office portfolio consists of Sequence Technology Center, 6260, 6290, 6310, 6340 and 6350 Sequence Drive; Scripps Wateridge, 10770 Wateridge Circle; Sorrento Gateway, 4921 Directors Place; and Governor Pointe, 6200 and 6220 Greenwich Drive.

The properties were 83 percent leased as of their respective closing dates and include two- and three-story office buildings located in central San Diego’s Sorrento Mesa and Governor Park office submarkets in the hearts of San Diego’s technological centers. 

Two of the nine buildings were vacant as of July, and the remaining seven buildings were leased to tenants in technology-based industries.

The HFF investment sales team representing the seller was led by senior managing directors Nick Psyllos and Ryan Gallagher, senior managing director and co-head of both the San Francisco office and HFF’s national office investment sales platform Michael Leggett 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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