{"id":1004330072,"date":"2019-06-11T11:36:44","date_gmt":"2019-06-11T19:36:44","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004330072"},"modified":"2019-06-11T11:36:44","modified_gmt":"2019-06-11T19:36:44","slug":"stos-partners-sells-brandywine-distribution-center-in-san-diego","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/stos-partners-sells-brandywine-distribution-center-in-san-diego\/","title":{"rendered":"Stos Partners Sells Brandywine Distribution Center in San Diego"},"content":{"rendered":"
\"Brandywine<\/a>

Brandywine Distribution Center. Image courtesy of Cushman & Wakefield<\/em><\/p><\/div>\n

After holding on to the asset for almost two years<\/a>, Stos Partners has sold Brandywine Distribution Center for $24.4 million. A partnership between KKR and Alpha Industrial Properties purchased the 170,011-square-foot, Class A multi-tenant property situated in San Diego\u2019s South County. The asset has a highly diversified tenant mix, including defense contractors, as well as regional and local companies like SolarCity, Tecnico, Curbell Plastics and Surgical Specialties.<\/p>\n

Completed in the late 1980s, Brandywine Distribution Center comprises of two distribution buildings on 9.8 acres. The portfolio features well-designed ingress\/egress, efficient warehouse and office configurations, as well as dock and grade loading. Located at 1670 & 1690 Brandywine Ave., in Chula Vista, Calif., the asset is near Interstates 5 and 805 and State Route 905.<\/p>\n

Capital markets experts Bryce Aberg, Jeff Chiate, Jeffrey Cole, Ed Hernandez, Mike Adey and Zach Harman of Cushman & Wakefield\u2019s San Diego and Orange County offices represented the seller in the transaction. The firm\u2019s Ryan Spradling and Brant Aberg also provided local market advisory. According to Executive Managing Director Aberg, the property is in a high demand market with strong rent growth potential and presents a rare opportunity to acquire a sizable multi-tenant industrial portfolio in one of the most desirable investment markets in San Diego.<\/p>\n","protected":false},"excerpt":{"rendered":"

KKR and Alpha Industrial Properties acquired the 170,011-square-foot multi-tenant asset for $24.4 million. Cushman & Wakefield facilitated the transaction on behalf of the seller. <\/p>\n","protected":false},"author":1274,"featured_media":1004330075,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21748,21783,21742,1608,15],"tags":[32799,32883,45878,34862],"class_list":["post-1004330072","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-industrial","category-investment","category-latest","category-san-diego","category-west","tag-cushman-wakefield","tag-kkr","tag-solarcity","tag-stos-partners"],"acf":[],"yoast_head":"\nStos Partners Sells Brandywine Distribution Center in San Diego - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/stos-partners-sells-brandywine-distribution-center-in-san-diego\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stos Partners Sells Brandywine Distribution Center in San Diego\" \/>\n<meta property=\"og:description\" content=\"KKR and Alpha Industrial Properties acquired the 170,011-square-foot multi-tenant asset for $24.4 million. 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