|
|
8/28/25
|
The Headquarters, a 73.8k sf open-air shopping center located in the heart of San Diego's Marina District at the entrance to Seaport Village, sold for $34.875 mil ($472/sf). The property is located at 789 W Harbor Dr, at the intersection of West Harbor Dr and Pacific Hwy.
The Headquarters sits directly adjacent to the Manchester Grand Hyatt San Diego, which offers 1,628 rooms and one of the largest conference facilities in the city. This prime waterfront location provides unmatched access to downtown San Diego's entertainment, dining and nightlife district, serving both local residents and the millions of visitors coming to downtown San Diego each year.
The former San Diego Police Headquarters complex was completely repositioned in 2013, creating a one-of-a-kind dining, entertainment and retail environment. The property features an eclectic mix of destination food and beverage, daily needs and apparel tenants, currently operating at 83.3% occupancy with a weighted average lease term of 10 years. Notable tenants include Eddie V's, The Cheesecake Factory, Puesto, Galpão Gaucho Brazilian Steakhouse, Wedgewood Weddings and Starbucks.
The property is situated within the future Seaport Village redevelopment and across from the new 1.6 msf IQHQ life science and retail project, positioning it at the center of San Diego's most rapidly evolving trade area.
The buyer was a private real estate partnership. Gleb Lvovich, Geoff Tranchina and Daniel Tyner with JLL Capital Markets represented the seller, a private real estate investment firm, in the transaction. Gregg Shapiro and John Marshall with JLL’s Debt Advisory team arranged the acquisition financing in a competitive bid process on behalf of the buyer.
|
|
 Return to the Archive page
|
|
|
|
|
Printer-friendly Version
Email an Associate
