SAN DIEGO-Locally based Coast Income Properties Inc. has purchased Pacific Ridge Corporate Centre from Brandywine Realty Trust for $29 million. According to Dan Curran, vice president of Coast Income Properties, “the project’s prime location and coastal amenities will continue to draw the attention of national credit tenants.”

Located at 5780 and 5790 Fleet St. in the Carlsbad submarket of San Diego, the two-building 121,500-square-foot project was approximately 84% leased at the time of sale. Louay Alsadek, Evan August, Larry Cambra and Roger Carlson of CBRE represented Coast Income Properties.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.