GJS Properties LLC Acquires Office Building At 605 3rd Street In Encinitas For $11M

An office building located at 605 3rd Street in Encinitas, California, has been sold for $11,000,000. The asset encompasses a total of 14,398 square feet, resulting in a price per square foot of $764.

Summary of transation details:

• Property Type: Office
• Transaction Amount: $11,000,000
• Address: 605 3rd Street
• Market: Encinitas
• Buyer: GJS Properties LLC
• Seller: 605 3rd Street LLC
• Buyer's Representative: Conor Brennan - CBRE
• Seller's Representatives: Peter Curry & Owen Curry - Cushman & Wakefield
• Square Footage: 14,398
• Price Per Square Foot: $764

Cushman & Wakefield facilitated the transaction, indicating a notable level of activity in the office space sector. The involvement of Conor Brennan from CBRE and Peter and Owen Curry from Cushman & Wakefield highlights the collaborative effort of established professionals in executing the sale.