Two of the newly acquired assets, Crossroads and Carmel Valley Center I & II, are located in submarkets where Arden had not previously owned properties. Crossroads stands in Mission Valley, while Carmel Valley Center I & II is located in Del Mar Heights. The Mission Valley property is a seven-story, multi-tenant office building that is fully leased. Encompassing 133,600 sf, the Crossroads facility is located at 404 Camino del Rio South. Carmel Valley I & II consists of two buildings that stand at 11975 and 11995 El Camino Real. Its facilities, which are 97% leased, encompass a total of 107,200 sf.

Arden's other two acquisitions, Carmel View Office Center and Governor Executive Center, are located respectively in Rancho Bernardo/Poway and Governor Park. Carmel View Office Center, which encompasses 77,500 sf, marks Arden's sixth purchase in the Rancho Bernardo/Poway submarket. The three-story building stands at 15373 Innovation Drive in the Carmel Mountain Ranch master-planned development. It is 94% leased. Located at 6165 Greenwich Drive, Governor Executive Center is a three-story, 52,200-sf facility that is 97% leased. It is the third Governor Park property that Arden has added to its portfolio.