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Peregrine Realty Partners Acquires Office Building In San Diego For $23.3M

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SOLD
$23,300,000

California

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Office86,579 SF
Sold 05/18/2021
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SOLD

Peregrine Realty Partners Acquires Office Building In San Diego For $23.3M

5030 Camino De La Siesta, San Diego, CA, USA

See Similar Deals
Office86,579 SF
Sold 05/18/2021
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Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$269
Total Square Footage:86,579 SF
Transaction Type:Sale

An office property located at 5030 Camino De La Siest in San Diego has been sold in a transaction. The property, with a total square footage of 86,579, was sold for a price of $23,300,000, resulting in a price per square foot of $269. The sale took place on 05/18/2021. The buyer of the property was Peregrine Realty Partners, while the seller was AEW Capital Management, represented by Jeff Furber.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $23,300,000
  • Address: 5030 Camino De La Siest, San Diego
  • Market: San Diego
  • Square Footage: 86,579
  • Price per Square Foot: $269

Jeff Furber, representing AEW Capital Management, was involved in the transaction as the seller's representative. No additional details were provided regarding the property or individuals involved in the deal.

Players

BUYER

Jeff Furber
14 deals$1B volume
SELLER

Details

SOLD
IMAGE: Jeff Furber DATE: 05/18/2021 ADDRESS: 5030 Camino De La Siest MARKET: San Diego ASSET TYPE: Office BUYER: Peregrine Realty Partners SELLER: AEW Capital Management - Jeff Furber SALE PRICE: $23,300,000 SF: 86,579 ~ PPSF: $269

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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