Updated Sep 8, 2026
Jeff Reinstein Of Premier Workspaces Leases 31,486 Square Feet At 12544 High Bluff Drive San Diego
12544 High Bluff Drive
Building Size
31,486 SF
Asset Type
Office
Closing
Jul 17, 2026
About this deal
AI
12544 High Bluff Drive is an office asset located in San Diego, CA, with a total square footage of 31,486. The property is situated in the Del Mar Heights/Carmel Valley submarket, known for having some of the highest rental rates in the county. The recent leasing activity indicates strong demand for premium, amenity-rich workspaces in this market.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 12544 High Bluff Drive
- Market: San Diego, CA
- Asset Size: 31,486 square feet
- Tenant: Jeff Reinstein - Premier Workspaces
Jeff Reinstein represents Premier Workspaces in this lease, expanding the company's footprint in Southern California through one of the largest coworking office commitments in the county this year. This lease reflects a strategic positioning for Premier Workspaces in a competitive office market environment.
Players
San Diego Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93