Eric Gan Of GANMI Corporation Acquires Office Assets From Eric Fleiss Of Regent Properties For $103.5M In San Diego

The transaction involves a Class A office asset consisting of two buildings located at 401 West A Street and 1230 Columbia Street in San Diego. The total sale price was $103,500,000, translating to approximately $146 per square foot for the 707,623 square feet of office space. The asset is situated in a market that closed 2025 with a sales volume of $1.3 billion amidst increasing vacancy rates.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $103,500,000
• Buyer: Eric Gan - GANMI Corporation - Golden Columbia
• Seller: Eric Fleiss - Regent Properties
• Square Footage: 707,623
• Price Per Square Foot: $146
• Location: 401 West A Street & 1230 Columbia Street, San Diego

Eric Gan represented the buyer, GANMI Corporation, which plans to pursue a phased repositioning of the asset, including the introduction of food hall concepts and upgraded amenities. Eric Fleiss represented the seller, Regent Properties, in this transaction.