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| 610 West Ash Office Tower, Little Italy Neighborhood, San Diego, CA |
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| Nick Psyllos |
SAN DIEGO, CA -- Holliday
Fenoglio Fowler, L.P. (HFF) announced it has closed the sale of 610 West Ash, a 19-story,
177,489-square-foot, Class A office tower in San Diego’s Little Italy
neighborhood.
HFF marketed the property
on behalf of the seller. A partnership
between Gemini Rosemont and Central Properties purchased the asset for an
undisclosed amount.
610 West Ash is located in
San Diego’s Little Italy neighborhood, which is an urban mixed-use community
within the downtown submarket.
The
property is the only Class A high-rise office building in Little Italy and is
98 percent leased to tenants including ESET, Department of Homeland Security
and the Environmental Protection Agency.
610 West Ash also features a nine-level, 397-space parking garage.
The HFF investment sales
team representing the seller was led by senior managing directors Nick Psyllos, Ryan Gallagher and Michael
Leggett, who is also co-head of HFF’s West Coast team, and director Nick Frasco.
Since October 2010, Gemini
Rosemont has acquired approximately 6.8 million square feet of Class A and B
multi-building office assets in select secondary markets valued at more than
$950 million. As of December 2015, Gemini Rosemont has sponsored 165 investment
vehicles, deployed over $805 million of investor equity to make more than $2.5
billion in purchases, and acquired/managed approximately 30 million square feet
of commercial real estate.
For a
complete copy of the company’s news release, please contact:
Kristen M. Murphy
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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