{"id":1004343839,"date":"2019-08-05T06:53:56","date_gmt":"2019-08-05T14:53:56","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004343839"},"modified":"2019-08-05T06:53:56","modified_gmt":"2019-08-05T14:53:56","slug":"san-diego-office-building-sells-for-11m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/san-diego-office-building-sells-for-11m\/","title":{"rendered":"San Diego Office Building Sells for $11M"},"content":{"rendered":"<div id=\"attachment_1004343842\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/06-2475-Futura.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004343842\" data-attachment-id=\"1004343842\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/san-diego-office-building-sells-for-11m\/06-2475-futura\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/06-2475-Futura.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"06-2475 Futura\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Futura Business Park. Image courtesy of Voit Real Estate Services&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/06-2475-Futura.jpg?w=800\" class=\"wp-image-1004343842 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/06-2475-Futura.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/06-2475-Futura.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/06-2475-Futura.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/06-2475-Futura.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004343842\" class=\"wp-caption-text\">Futura Business Park.<em> Image courtesy of Voit Real Estate Services<\/em><\/p><\/div>\n<p>Hill Properties has acquired Futura Business Park, a 51,229-square-foot office building in San Diego, Calif., for $11.2 million. Voit Real Estate Services represented the buyer, as well as the seller, Carleton Management, in the deal. The sale was subject to an $8.1 million loan provided by Silvergate Bank, Yardi Matrix shows.<\/p>\n<p>The office building is located at 9445, 9455 and 9465 Farnham St., in the Kearny Mesa submarket, near the intersection of Interstate 15 and Freeway 52, around 11 miles from downtown San Diego and San Diego International Airport.<\/p>\n<p>Constructed in 1981, the asset served as a research and development park and was converted into a multi-tenant office park in 2009. The property comprises three single-story buildings and spans 3.8 acres. Features of the building include controlled access and parking spaces. The buyer plans to upgrade both the property\u2019s exterior and interior to meet the demands of today\u2019s creative offices. The asset is currently leased to Mental Health Systems, Hannah\u2019s House, Design Squared and Network Titan and ElevATE Semiconductor.<\/p>\n<p>Voit Real Estate Services team included Senior Vice Presidents Randy LaChance and Arthur Bleier and Vice President Ryan Bracker. In April, the firm represented the buyer in the <a href=\"https:\/\/www.commercialsearch.com\/news\/office-building-trades-for-10m-in-san-diego-tech-hub\/\">acquisition of Cornerstone Office Center<\/a>, an office building located also in San Diego.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Voit Real Estate Services arranged the transaction of a 51,229-square-foot asset located 11 miles from downtown San Diego. The firm represented both the seller and the buyer in the deal. <\/p>\n","protected":false},"author":871,"featured_media":1004343842,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21783,21742,21747,1608,15],"tags":[35272,32833],"class_list":["post-1004343839","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-investment","category-latest","category-office","category-san-diego","category-west","tag-hill-properties","tag-voit-real-estate-services"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>San Diego Office Building Sells for $11M - 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\/san-diego-office-building-sells-for-11m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"San Diego Office Building Sells for $11M\" \/>\n<meta property=\"og:description\" content=\"Voit Real Estate Services arranged the transaction of a 51,229-square-foot asset located 11 miles from downtown San Diego. The firm represented both the seller and the buyer in the deal.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/san-diego-office-building-sells-for-11m\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2019-08-05T14:53:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/06-2475-Futura.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Evelyn Jozsa\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/san-diego-office-building-sells-for-11m\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/san-diego-office-building-sells-for-11m\/\",\"name\":\"San Diego Office Building Sells for $11M - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/san-diego-office-building-sells-for-11m\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/san-diego-office-building-sells-for-11m\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/06-2475-Futura.jpg\",\"datePublished\":\"2019-08-05T14:53:56+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/7a1fad8f1e02fa4d8f81f7e9ad21736a\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/san-diego-office-building-sells-for-11m\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/san-diego-office-building-sells-for-11m\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/san-diego-office-building-sells-for-11m\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/06-2475-Futura.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/06-2475-Futura.jpg\",\"width\":800,\"height\":620,\"caption\":\"Futura Business Park. 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