Jeffrey Marrs Of ACCO Engineered Systems Leases Office Space At 6195 Lusk Boulevard In San Diego
6195 Lusk Boulevard
Building Size
23,947 SF
Asset Type
Office
Closing
Jul 21, 2026
AI
The property asset involved in this transaction is an office space located at 6195 Lusk Boulevard in San Diego, CA. The asset spans 23,947 square feet and is situated in one of the county's highest-vacancy office markets. The lease contributes to filling the vacant spaces in the submarket of Sorrento Mesa as San Diego's office market experiences a rebound.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 6195 Lusk Boulevard
- Market: San Diego, CA
- Asset Size: 23,947 SF
- Tenant: Jeffrey Marrs - ACCO Engineered Systems
Jeffrey Marrs, representing ACCO Engineered Systems, is the tenant involved in this lease agreement. ACCO Engineered Systems will be establishing a new location at the leased property, which is expected to enhance occupancy levels in an area currently coping with elevated availability rates.
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