Lincoln Property Company Acquires Office Asset From CIM Group For $92 Million In San Diego

An office property located at 350 Camino De La Reina in the San Diego market has been sold for $92,000,000. The asset encompasses a total square footage of 343,202 with a price per square foot of $268.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $92,000,000
• Square Footage: 343,202
• Price per Square Foot: $268
• Buyer: Lincoln Property Company
• Seller: CIM Group
• Buyer's Representatives: Matt Carlson, Hunter Rowe, Scott Peterson, Colby Matzke & Michael Kolcum - CBRE
• Transaction Date: 09/02/2025

The sales transaction involved Lincoln Property Company as the buyer and CIM Group as the seller. The deal was represented by a team from CBRE comprising Matt Carlson, Hunter Rowe, Scott Peterson, Colby Matzke, and Michael Kolcum.