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3661 Valley Centre Drive

Updated Nov 9, 2026

Angela M. Aman Of Kilroy Leases 53,764 SF Office To Greenberg Traurig And Snell & Wilmer
LEASEDOffice

Angela M. Aman Of Kilroy Leases 53,764 SF Office To Greenberg Traurig And Snell & Wilmer

3661 Valley Centre Drive & 3611 Valley Centre Drive

Building Size

53,764 SF

Asset Type

Office

Closing

Nov 1, 2026

About this deal

AI

The property involved in this lease transaction consists of office spaces located at 3661 Valley Centre Drive and 3611 Valley Centre Drive in San Diego, CA, with a total square footage of 53,764. The asset is part of the Kilroy Centre Del Mar, which has seen a rise in demand for suburban office space. The asking rents in this market reached $4.75 per square foot per month, with an availability rate of 14.1%, contrasting with Downtown's 35.8% availability rate.

Summary of transaction details:

The lease agreements for the two largest law firm deals in San Diego during the third quarter of 2026 were signed by Greenberg Traurig and Snell & Wilmer. This development emphasizes the ongoing trend and preference for leasing office spaces within suburban regions.

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Players

Angela M. Aman

Kilroy

Landlord

$894.3M

vol

21 deals

Landlord

Brian Duffy

Greenberg Traurig

Tenant

2 deals

Tenant
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Marysville 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

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