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3570 Carmel Mountain Road

Gunderson Dettmer Leases 26200 SF Office Space At Gateway In San Diego With Landlords Donald Bren And Roger DeWames
LEASEDOffice

Gunderson Dettmer Leases 26200 SF Office Space At Gateway In San Diego With Landlords Donald Bren And Roger DeWames

3570 Carmel Mountain Road

Building Size

26,200 SF

Asset Type

Office

Closing

Mar 27, 2026

AI

The property involved in this lease transaction is an office asset located at 3570 Carmel Mountain Road in San Diego. The office space encompasses 26,200 square feet within the 198,000-square-foot Class A campus known as Gateway at Torrey Hills. The market value reflects the growing demand for office space in suburban areas, particularly suited for biotech, life sciences, and tech sectors.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Square Footage: 26,200 SF
  • Address: 3570 Carmel Mountain Road
  • Market: San Diego
  • Landlord: Donald Bren & Roger DeWames - Irvine Company
  • Tenant: Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP

The transaction features key players in the leasing deal, with Donald Bren and Roger DeWames representing Irvine Company as the landlords, while Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP secures the lease. This expansion enables Gunderson Dettmer to enhance its presence in San Diego, aligning with the influx of demand for Class A office spaces equipped with amenities, particularly in Del Mar Heights.

Players

Donald Bren

Irvine Company

Landlord

$910.1M

vol

25 deals

Landlord
GL
Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLPTenant

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