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SAN DIEGO NEWS
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HG Fenton Buys Development Site in Downtown San Diego’s Little Italy District

4/08/15

A 10k sf land parcel in San Diego’s Little Italy area sold for $2 mil ($200/sf). The property was purchased by HG Fenton Property Company with plans for an upscale residential/retail mixed-use development.

The property is situated on corner parcel at 2148 India St and currently serves as a parking lot. It is located near HG Fenton’s two other development projects on India Street; the Reader Building and the India St Design Center.

Victor Krebs of Colliers International represented HG Fenton in the deal. Norm Root of ACI Commercial repped the seller, Wilson & Stoddell Family Trust.

“Little Italy has seen tremendous interest from developers and investors and is one of the top markets in San Diego,” said Krebs, Senior Vice President at Colliers, who currently has four Little Italy development sites in escrow.





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