February 23, 2024
17075 Camino San Bernardo. Photograph credit score: Courtesy, CBRE

A 25,475-square-foot workplace constructing in Rancho Bernardo’s Tech Park has been offered for $8 million, in keeping with an actual property agency.

Dominguez Channel LLC, an abroad personal purchaser, bought the property, at 17075 Camino San Bernardo, for $314 per sq. foot, officers with CBRE stated.

Matt Pourcho, Anthony DeLorenzo and Matt Harris of CBRE Funding Properties, together with Chris Williams, represented a personal San Diego-based vendor within the transaction.

Pourcho, government vice chairman at CBRE, stated his agency continues to see “phenomenal demand” from personal patrons in search of to defer capital positive aspects taxes in sure transactions.

“The workplace market is just not lifeless, and (these) patrons want to put capital,” he stated.

Positioned on simply over 2 acres, the two-story constructing is absolutely leased. The transformed trendy workplace options 115 parking areas and an outside patio.