Peter Curry & Owen Curry Of Cushman & Wakefield Represents Buyer In $8.5M Office Sale In Del Mar

The 10,056-square-foot office building located at 2262 Carmel Valley Road in Del Mar, CA, was sold for $8,500,000, equating to approximately $845 per square foot. The transaction involves an asset on a 0.32-acre lot, showcasing a Class A office configuration in a coastal market known for its limited supply. The building was sold by Torrey Pines Center LLC.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $8,500,000
• Address: 2262 Carmel Valley Road
• Market: Del Mar, CA
• Square Footage: 10,056
• Price per Square Foot: $845
• Seller: Torrey Pines Center LLC
• Buyer's Representative: Peter Curry & Owen Curry - Cushman & Wakefield
• Seller's Representative: CBRE
• Acres: 0.32

This sale demonstrates the activity of Peter Curry and Owen Curry representing the buyer in the transaction, working with Cushman & Wakefield, while CBRE served as the representative for the seller, Torrey Pines Center LLC. The sale price reflects a meaningful adjustment from the seller’s 2018 acquisition cost, indicating ongoing interest in owner-user coastal office assets in this region despite prevailing market trends in San Diego.