SAN DIEGO- KBS Real Estate Investment Trust II has purchased athree-building office complex, Torrey Reserve West, in Del MarHeights. The firm paid $27.3 million for the property and theseller was unidentified.
The office complex, which measures 118,030 square feet, sits on7.1 acres of land. KBS said that six tenants including Mir3 Corp.,Solekai Systems, Via Telecom and Xifin have already leased 91% ofspace in Torrey Reserve West. For the full story, go toThe San Diego Union Tribune.
GlobeSt.com News Hub is your link torelevant real estate and business stories from other local,regional and national publications.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 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.
