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SAN DIEGO, CA-Principal Real Estate Investors acquires the four-building complex that is comprised of 353,067 sf of office and biotechnology space from AGRRI Seaview LLC, which is a partnership between The Shidler Group and Angelo, Gordon & Co. The seller had purchased the asset in April 2002 for $62.5 million and increased its occupancy by nearly 30% during its ownership.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.
July 02, 2025
Uncertainty grows as prices and sales volumes retreat.
July 02, 2025
Metro-level nuances reveal opportunities that might not be obvious based on national trends.
July 02, 2025
Vacancy is set to tick up 10 basis points this year but remain 110 basis points below the national average.
