{"id":1004174696,"date":"2017-05-02T08:04:54","date_gmt":"2017-05-02T16:04:54","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004174696"},"modified":"2022-12-08T13:57:14","modified_gmt":"2022-12-08T21:57:14","slug":"colliers-brokers-san-diego-retail-condo-sale","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/colliers-brokers-san-diego-retail-condo-sale\/","title":{"rendered":"Colliers Brokers San Diego Retail Condo Sale"},"content":{"rendered":"<p>By Ariela Moraru<\/p>\n<div id=\"attachment_1004174698\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/2655-Fifth-Ave.-San-Diego.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004174698\" data-attachment-id=\"1004174698\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/colliers-brokers-san-diego-retail-condo-sale\/2655-fifth-ave-san-diego\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/2655-Fifth-Ave.-San-Diego.jpg\" data-orig-size=\"4608,3456\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;3.5&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;DMC-FZ70&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1487781423&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;3.58&quot;,&quot;iso&quot;:&quot;160&quot;,&quot;shutter_speed&quot;:&quot;0.000625&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"2655 Fifth Ave. San Diego\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;2655 Fifth Ave., San Diego&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/2655-Fifth-Ave.-San-Diego.jpg?w=1024\" class=\"wp-image-1004174698 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/2655-Fifth-Ave.-San-Diego.jpg\" alt=\"2655 Fifth Ave., San Diego\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/2655-Fifth-Ave.-San-Diego.jpg 4608w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/2655-Fifth-Ave.-San-Diego.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/2655-Fifth-Ave.-San-Diego.jpg?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/2655-Fifth-Ave.-San-Diego.jpg?resize=1024,768 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/2655-Fifth-Ave.-San-Diego.jpg?resize=1536,1152 1536w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/2655-Fifth-Ave.-San-Diego.jpg?resize=2048,1536 2048w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/2655-Fifth-Ave.-San-Diego.jpg?resize=150,113 150w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/2655-Fifth-Ave.-San-Diego.jpg?resize=696,522 696w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/2655-Fifth-Ave.-San-Diego.jpg?resize=1068,801 1068w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/2655-Fifth-Ave.-San-Diego.jpg?resize=1920,1440 1920w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/2655-Fifth-Ave.-San-Diego.jpg?resize=560,420 560w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/2655-Fifth-Ave.-San-Diego.jpg?resize=80,60 80w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/2655-Fifth-Ave.-San-Diego.jpg?resize=265,198 265w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004174698\" class=\"wp-caption-text\">2655 Fifth Ave., San Diego<\/p><\/div>\n<p>Colliers International arranged the sale of a 3,044-square-foot, two-unit retail condominium located in San Diego\u2019s Bankers Hill neighborhood. The Cohen Family Trust acquired the property for $1.3 million from CR 5th &amp; Nutmeg LLC. Bill Shrader, David Maxwell and Joe Brady of Colliers International\u2019s Urban Property Group represented both the seller and the buyer. The team also inked the first lease for the property with Brooklyn Bicycles.<\/p>\n<p><em>&#8220;In addition to selling the retail space, The Urban Property Group attracted a well-established, local tenant that will further enhance Bankers Hill\u2019s urban retail experience,&#8221;\u00a0<\/em>Bill Shrader, leader of the Urban Property Group &amp; senior vice president at Colliers International San Diego region, said in prepared remarks.<\/p>\n<p>The condominium is situated on the ground floor of Vue on 5th, a 45-unit, luxury residential building completed last year. The property is located at 2655 Fifth Ave. in an area with an average household income of $75,772 and with a daytime population of more than 200,000 people. The seven-story building is adjacent to Balboa Park, which is home to 15 major museums and the San Diego Zoo and is minutes to downtown, Hillcrest and Little Italy. The property has easy freeway access to Interstate 5 and Highways 163 and 94.<\/p>\n<p>This is the second recent residential building retail condominium transaction by <a href=\"https:\/\/www.commercialsearch.com\/news\/san-diego-retail-condo-trades-for-record-price\/\">Colliers International\u2019s Urban Property Group<\/a>. Last\u00a0month, the group brokered the sale of a two-unit condominium in Muse La Jolla for a record price.<\/p>\n<p><em>Image courtesy of Colliers International<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company\u2019s Urban Property Group also secured the first tenant for the 3,044-square-foot, two-unit retail condominium in Bankers Hill\u2014Brooklyn Bicycles.<\/p>\n","protected":false},"author":960,"featured_media":1004174698,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21743,21783,21742,21749,1608,15],"tags":[32763],"class_list":["post-1004174696","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-deals","category-investment","category-latest","category-retail","category-san-diego","category-west","tag-colliers-international"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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