Evan Hanyak & Jose Minaya Acquire Industrial Building In San Diego For $26.5M

The sale involved a 107,564-square-foot multi-tenant industrial building located at 7949 Stromesa Court in San Diego's Miramar submarket. The property was sold for $26,500,000 and was 95% leased at the time of the transaction. Strategically positioned near major freeways I-15 and I-805, the asset offers substantial value to the buyers, a joint venture between Birtcher Anderson & Davis and Nuveen.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $26,500,000
• Market: San Diego
• Buyer: Evan Hanyak - Birtcher Anderson & Davis; Jose Minaya - Nuveen
• Buyer's Rep: Evan McDonald & Kurtis Blanchard - Colliers International
• Seller's Rep: Dean Asaro - Kidder Mathews
• SF: 107,564
• Price per Square Foot: $246

Evan McDonald and Kurtis Blanchard from Colliers International represented the buyers, Birtcher Anderson & Davis and Nuveen, in the transaction. Dean Asaro from Kidder Mathews served as the seller's representative, overseeing the $26.5 million sale of the industrial property. The collaboration of these key individuals and companies facilitated a successful deal, leveraging the strategic location and leasing status of the asset to secure a valuable transaction in the San Diego market.