Gildred Development Co. Acquires Office Building In Rancho Sante Fe For $19.5M | 5901 Priestly Drive | Office | Sale

Summary

Sale

CALIFORNIA

Office

97,823 sqft

The office property located at 5901 Priestly Drive in Rancho Sante Fe has been sold. The property spans a total area of 97,823 square feet. The transaction took place on July 20, 2021.

Summary of transaction details:

Property Type: Office
Transaction Amount: $19,500,000
Address: 5901 Priestly Drive
Market: Rancho Sante Fe
Buyer: Gildred Development Co.
Seller: Huntington Hotel Co.
Buyer's Representative: JLL Capital Markets

Gildred Development Co. acquired the property from Huntington Hotel Co. for a total of $19,500,000. The deal was facilitated by JLL Capital Markets, who acted as the buyer's representative.

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Details

Deal Summary

SOLD

IMAGE: Joe Bernstein, Joe Anderson, Matt Pourcho, Anthony DeLorenzo, Bryan Johnson & Gary Stache DATE: 07/20/2021 ADDRESS: 5901 Priestly Drive MARKET: Rancho Sante Fe ASSET TYPE: Office ~ SF: 97,823 BUYER: Gildred Development Co. SELLER: Huntington Hotel Co. BUYER’S REP: JLL Capital Markets SALE PRICE: $19,500,000

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Address5901 Priestly Drive

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