Clarion Partners, LLC & HP Investors Sell Kearny Mesa Retail Property For $90M

The property involved in this transaction is a retail asset located in Kearny Mesa, with a total square footage of 194,000. The property was sold by Clarion Partners, LLC & HP Investors. The transaction was facilitated by Gleb Lvovich from JLL Capital Markets. The sale price for this property was $90,000,000, resulting in a price per square foot of $463.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $90,000,000
• Square Footage: 194,000
• Price per Square Foot: $463
• Seller: Clarion Partners, LLC & HP Investors
• Broker: Gleb Lvovich - JLL Capital Markets

Gleb Lvovich from JLL Capital Markets played a pivotal role in representing the seller during this transaction. His expertise in the market helped facilitate the successful sale of the retail property in Kearny Mesa.