Purchased in 2015, Mission Center was a 183,692 sf office complex composed of three buildings. Strategically located in the center of Mission Valley, Mission Center was identified by the Team as a unique repositioning opportunity. The asset was transformed through $6mm in capital projects including:
The Asset Management team leased the project from 78% to 95% occupancy (including 12 new leases for 103k sf). The project was sold in 2017 for $39.3mm.
Project Team:
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Introducing Emerald Real Estate Partners
The Kearny Real Estate San Diego Team is excited to announce its latest venture in launching Emerald Real Estate Partners! Based in San Diego, Emerald Real Estate Partners will build off the successful past and current projects it leads on behalf of Kearny Real Estate and pursue opportunistic and value-add opportunities within the region.