Joseph Sumberg Sumberg: “Flex-industrial product appeals to a range of users, including life sciences and technology companies, which are prominent in the submarket and can utilize flex industrial space for a variety of business functions.”

SAN DIEGO—An attractive location for tenants seeking convenience for their employees and proximity to research institutions and companies, Sorrento Mesa shines as a flex-industrial submarket, Goldman Sachs Asset Management Private Real Estate co-head Joseph Sumberg tells As we recently reported, the firm, in a joint venture with Montana Avenue Capital Partners LLC, recently acquired Centerpark Plaza, a 204,000-square-foot, multi-tenant industrial-flex campus in Sorrento Mesa submarket with eight flex industrial buildings and one office building.

Dekel Capital, an L.A.-based real estate merchant bank that specializes in sourcing and placing equity and debt for middle-market commercial real estate developers and investors, placed core-plus JV equity of an undisclosed amount on behalf of Montana. The proceeds were used to acquire and reposition Cernterpark Plaza.

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Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on 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.

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