Search
 

Santa Fe Firm Likes This DTSD Submarket

SAN DIEGO—Little Italy is a vibrant community in the heart of a scenic seaside location, providing tenants a tremendous amenity base, Gemini Rosemont’s Don Henry tells GlobeSt.com in this EXCLUSIVE story about a recent office buy.

Don Henry Henry: “The building is surrounded by a multitude of restaurants, a variety of residential offerings, convenient transportation options and other amenities that appeal to the office-sector workforce.”

SAN DIEGO—Little Italy is a vibrant community in the heart of a scenic seaside location, providing tenants a tremendous amenity base, Gemini Rosemont Commercial Real Estate’s COO/CIO Don Henry tells GlobeSt.com. As we recently reported, the Santa Fe, NM-based firm has acquired 19-story 610 West Ash, the only class-A high-rise office building in the Little Italy submarket of Downtown San Diego, adding 177,489 rentable square feet of space to its portfolio. The building, which myreta.com says is 62% occupied, was purchased through a partnership with Gemini Rosemont and Central Properties from what industry sources identify as Blackstone for $55 million. We spoke exclusively with Henry about the high-profile purchase and what it likes about Little Italy.

GlobeSt.com: What attracted Gemini Rosemont to the San Diego office market?

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Carrie Rossenfeld

Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.

More from this author

Recommended Stories

Nominate a Net Lease Expert

Nominate a Net Lease Expert

Ingrid Tunberg |

Do you know a professional and/or company that has helped shape the net lease sector? Submit a candidate for GlobeSt.'s Influencers in Net Lease recognition before May 29!

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.