|
|
11/21/25
|
LBA Properties purchased a 461k sf, Class A Corp HQ property in Rancho Bernardo in a deal reported by the San Diego Union-Tribune to be worth $67.4 mil. The property, located at 16535 Via Esprillo, west of I-15, was sold by Sony Electronics, who will continue to lease back part of the property following the sale.
Originally designed and developed by the seller as a corporate headquarters facility in 2009, the 11-story office tower features sweeping 360-degree views, LEED Gold certification and a separate six-story parking structure with over 1,500 parking stalls. Situated on 7.85 acres, the campus features a sky terrace, full-service commercial kitchen, conferencing centers, premium fitness facilities, and open-air collaboration areas.
CBRE's Matt Carlson, Hunter Rowe, Darren Morgan and Erik Bridy advised the seller in the disposition of the seller’s fee-simple interest in the property. CBRE’s Scott Peterson, Dave Milestone and Michael Kolcum arranged the financing.
“This transaction represents a rare opportunity for LBA to acquire a generational corporate headquarters asset in an excellent submarket,” said Carlson, executive vice president and co-head of U.S. Office Capital Markets at CBRE. “The overall scale, quality and location of the property make it a great investment, and the leaseback component provides immediate income while allowing for future repositioning and upside.”
|
|
 Return to the previous page
|
|
|
|
|
Printer-friendly Version
Email an Associate
