Updated Sep 9, 2026
Jordan Schnitzer Of Schnitzer Properties Acquires Industrial Complex In San Diego For $58M
8320 Camino Santa Fe, 8340 Camino Santa Fe, 8360 Camino Santa Fe & 8395 Camino Santa Fe
$58,000,000
$84/SF
Building Size
172,504 SF
Asset Type
Industrial
Closing
Sep 2, 2026
About this deal
AI
The industrial property involved in this transaction consists of five addresses: 8320, 8340, 8360, 8395, and 8445 Camino Santa Fe, located in San Diego, CA. The asset spans approximately 172,504 square feet and was sold for $58,000,000, resulting in a price per square foot of $336. This sale represents a significant transaction within the industrial market of San Diego.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $58,000,000
- Square Footage: 172,504
- Price per Square Foot: $336
- Buyer: Jordan Schnitzer - Schnitzer Properties
- Seller: Westport Capital Partners, Hillpoint Properties
- Date of Sale: 09/02/2026
Jordan Schnitzer, representing Schnitzer Properties, acquired the Camino Santa Fe industrial complex from Westport Capital Partners and Hillpoint Properties, which had previously purchased the asset for $39.55 million in 2021. This transaction reflects a nearly 47% gain for the sellers since their acquisition.
Players
San Diego Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.27%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93