Clay Duvall David Binswanger Scott Moffatt Acquire Mixed-use Facility In San Diego From QuidelOrtho Corporation

A 79,313-square-foot mixed-use life science facility located at 10165 McKellar Court in San Diego's Sorrento Mesa submarket was involved in this transaction. The property sits on 4 acres and is being acquired in a market focused on life sciences and other mixed uses.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: Not specified
• Address: 10165 McKellar Court
• Market: San Diego
• Acres: 4
• Buyer: Clay Duvall, David Binswanger & Scott Moffatt - Lincoln Property Company; Eric Samek - Brasa Capital Management
• Seller: Brian Blaser - QuidelOrtho Corporation
• Brokers: Kurt Luedtke & Zac Saloff - JLL

QuidelOrtho Corporation plans to vacate the property in 2025, after which Lincoln Property Company will evaluate market demand for potential future use. This strategic acquisition is intended to align with market trends in the region.