SAN DIEGO—Regent Properties has purchased Bernardo Heights Corporate Center in San Diego from a global investment manager. Located at 10805 and 10815 Rancho Bernardo Road, the two-building, 116,099-square-foot office project was 98% leased at the time of sale.

Built in 1998 on 7.01 acres, Bernardo Heights Corporate Center features floor plates ranging from 21,000 to 26,000 square feet and an above-market parking ratio of 4.4:1,000 square feet. Project tenants include financial, tech, engineering, and software companies.

Louay Alsadek, Hunter Rowe, Andrew Taylor, Chris Pascale and Ryan Egli of CBRE represented the seller. Regent Properties represented itself.

"This was the first time Bernardo Heights Corporate Center had been offered for sale since it was originally acquired from Miller Global in 1999," Alsadek said. "The Bernardo Heights campus layout and design attracted a lot of interest during the marketing process."

Headquartered in Los Angeles, Regent Properties was established in 1989. Over the past 25 successful years, principals Jeff Dinkin, Doug Brown and Eric Fleiss have transformed Regent from the real estate arm of the Kohl family office to a multi-faceted real estate investment management platform. Regent and its principals have acquired, developed, financed and/or managed over $3 billion in real estate transactions nationally, encompassing more than 21 million square feet of retail, commercial, residential and mixed-use projects and 13,000 acres of master planned communities representing 31,000 lots. Regent's assets under management now total more than $1 billion.