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July 12, 2024
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Owner/User Picks Up 22k sf Office Building in Scripps Ranch


A 22.5k sf office building in San Diego's Scripps Ranch submarket was acquired by the Barron Team and CAPRO Network Financials, who intend to occupy the building for their use. Built in 1984, the two-story building is located on 1.22 acres at 10085 Carroll Canyon Rd.

The property is currently 50% leased; the 11.3k sf second floor is fully leased to short-term tenants, and the 11.2k sf ground floor is available for the buyer to occupy. Situated just minutes east of I-15, the building is accessible from Carroll Canyon Rd near restaurants and shopping destinations.

Matt Pourcho, Anthony DeLorenzo, Nick Williams and Matt Harris of CBRE's Investment Properties represented the seller, Rosner Law & Mansfield, in the transaction.

"The owner-user market remains extremely healthy in San Diego, despite rising interest rates," said Mr. Pourcho. "We had several interested buyers, and this is the second owner-user sale we facilitated in Scripps Ranch within the past four months."

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