(Save the date: RealShare Industrial 2012 comesto The Bankers Club, Miami, December 5 -6.)
SAN DIEGO-A joint venture between BCL Inc. andAEW Capital Management LLC has acquired a class-Aoffice building in the Sorrento Mesa submarket ofSan Diego. One Pacific Heights, a120,350-square-foot asset that is full leased, was sold to thepartnership by RREEF America for what industrysources unrelated to the deal report is $34 million.
AEW acquired the property on behalf of one of its institutionalclients. BCL, AEW and RREEF were all represented in the transactionby Rick Reeder and Brad Tecca ofCassidy Turley.
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