Dollinger Properties Acquires Flex Property In San Diego For $30.8M

The Flex property located at 16981 Via Tazon & 11501 Rancho Bernardo Rd in San Diego has been sold in a recent transaction. The buyer, Dollinger Properties, acquired the property from the seller, Montana Avenue Capital Partners. The deal was facilitated by brokers Bob Prendergast, Lynn LaChapelle, and Zac Saloff from JLL. The sale price for this transaction was $30,800,000. The property spans a total area of 89,918 square feet, resulting in a price per square foot of $343.

Summary of transaction details:

• Property Type: Flex
• Transaction Amount: $30,800,000
• Address: 16981 Via Tazon & 11501 Rancho Bernardo Rd, San Diego
• Market: San Diego
• Buyer: Dollinger Properties
• Seller: Montana Avenue Capital Partners
• Brokers: Bob Prendergast, Lynn LaChapelle & Zac Saloff - JLL
• Square Footage: 89,918 SF
• Price Per Square Foot: $343

This transaction involved the collaboration of various key individuals and companies. Dollinger Properties acted as the buyer, while Montana Avenue Capital Partners served as the seller. The deal was negotiated and closed with the assistance of brokers Bob Prendergast, Lynn LaChapelle, and Zac Saloff from JLL. Their expertise and efforts played a crucial role in successfully completing this transaction.