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| Lynn LaChapelle |
SAN DIEGO, CA – JLL Capital Markets has closed the $76.1 million sale of Northridge Summit, a Class A, single tenant office building totaling approximately 130,000 square feet in San Diego, California.
JLL marketed the property on behalf of the seller,
Davlyn Investments. The asset was purchased by
DivcoWest.
The JLL Capital Markets team representing the
seller was led by Managing Directors Nick Psyllos and Lynn LaChapelle
and Associate Kurt Luedtke.
Northridge Summit is located at 12220 Scripps
Summit Dr., in the Scripps Poway Parkway submarket along the I-15 Corridor of
San Diego.
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| Nick Psyllos |
Additionally, the submarket is adjacent to the STEM worker housing communities of choice, including Carmel Valley and Rancho Bernardo.
Northridge Summit features highly desirable
43,000-square-foot rectangular floorplates, one level of below grade parking,
charging stations and a lush exterior courtyard. Northridge Summit is 100%
leased to an AA+ rated technology company.
 |
| Kurt Luedtke |
JLL Capital Markets is a full-service global
provider of capital solutions for real estate investors and occupiers.
The firm's in-depth local market and global
investor knowledge delivers the best-in-class solutions for clients — whether
investment sales and advisory, debt advisory, equity advisory or a
recapitalization.
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| Northridge Summit Office Building, 12220 Scripps Summit Drive, Scripps Poway Parkway submarket along the I-15 Corridor of San Diego. |
The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources on
JLL, please visit our newsroom.
Jones Lang LaSalle Americas, Inc. ("JLL") is a real
estate broker licensed with the California Department of Real Estate, license
#01223413.
CONTACT:
Cierra
Lacasse
JLL Associate, Public Relations
Phone: +1 602 648 8701
Email: Cierra
Lacasse@am.jll.com
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