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7/20/17
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A 27k sf office/retail condo in the ground floor of Downtown San Diego’s The Legend, a 200-unit mixed-use residential tower, sold for $11.4 mil ($422/sf). The buyer was HP Investors LLC.
The property is located directly adjacent to Petco Park’s Park in the Park at 323-325 Seventh Ave and 777-797 J St. Tenants of the property include Stone Brewing Co, J Street Hospitality, BNIM Architecture, Rare Form, Fairweather and California Coast Credit Union among others.
Colliers International’s Bill Shrader represented the buyer and the seller, Vancouver, B.C-based seller, Bosa Development.
“This property’s irreplaceable location on the ballpark with diverse creative office, retail, and restaurant space make it an ideal investment for HP Investors with long-term rent growth potential,” said Shrader.
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