RAF Pacifica Group And CenterSquare Investment Management Sell Industrial Building In Vista For $16M

The property asset involved in this transaction is a 60,000 square foot industrial building located at 3280 Corporate View in Vista. The property was sold for $16,000,000, resulting in a price per square foot of $267. The building is fully leased to Rivian.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $16,000,000
• Square Footage: 60,000
• Address: 3280 Corporate View
• Market: Vista
• Seller: Adam Robinson - RAF Pacifica Group
• Seller: Todd Briddell - CenterSquare Investment Management
• Broker: Cushman & Wakefield
• Previous Acquisition Price: $10,800,000
• Previous Acquisition Year: 2022

A joint venture of RAF Pacifica Group and CenterSquare Investment Management executed this sale, with Cushman & Wakefield representing the sellers in the transaction. The property was acquired by the joint venture in 2022 for $10.8 million before its sale in 2026.