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Private Investor Acquires Mixed-Use Property At 643-665 5th Avenue In San Diego For $12.5M

Property Image
SOLD
$12,500,000
Jimmy Slusher
James Tyrrell
+ 1

California

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Mixed-use17,365 SF
Sold 01/01/2026
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Property Image
SOLD

Private Investor Acquires Mixed-Use Property At 643-665 5th Avenue In San Diego For $12.5M

643 5th Avenue

See Similar Deals
Mixed-use17,365 SF
Sold 01/01/2026
Jimmy Slusher
James Tyrrell
+ 1
Contact now

Summary

CALIFORNIA
Asset Type:Mixed-use
Price Per Square Foot:$719
Total Square Footage:17,365 SF
Transaction Type:Sale

A private investor has acquired a mixed-use property located at 643-665 5th Avenue in San Diego’s Gaslamp Quarter. The property spans 17,365 square feet and was sold for $12.5 million, translating to approximately $720 per square foot.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $12,500,000
  • Square Footage: 17,365
  • Price per Square Foot: $720
  • Seller: Terry S. Brown - Asana Partners
  • Broker Representation: Jimmy Slusher, James Tyrrell & Michael Peterson - CBRE
  • Date of Transaction: 01/01/2026

The sale was managed by CBRE brokers Jimmy Slusher, James Tyrrell, and Michael Peterson, representing the seller, a company affiliated with Asana Partners. The transaction price was noted to be 36% below the asset’s original listing price.

Players

Jimmy Slusher
16 deals$474.4M volume(949) 725-8507
BROKER

Michael Peterson
CBRE
14 deals$210.8M volume(858) 646-4749
BROKER

James Tyrrell
CBRE
6 deals$147.6M volume(949) 725-8473
BROKER

Details

SOLD
IMAGE: Terry S. Brown, Jimmy Slusher, James Tyrrell & Michael Peterson DATE: 01/01/2026 ADDRESS: 643-665 5th Avenue MARKET: San Diego ASSET TYPE: Mixed-use SELLER: Terry S. Brown - Asana Partners (@AsanaPartners) BROKERS: Jimmy Slusher, James Tyrrell & Michael Peterson - CBRE (@CBRE) SALE PRICE: $12,500,000 SF: 17,365 ~ PPSF: $720 NOTE: A private investor acquired the 17,365-square-foot Ghirardelli Collection mixed-use property at 643–665 Fifth Ave. in San Diego’s Gaslamp Quarter for $12.5 million, or about $720 per square foot, according to public records. CBRE brokers Jimmy Slusher, James Tyrrell and Michael Peterson represented the seller, an Asana Partners–affiliated entity, in a sale priced 36% below the asset’s original listing.

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