{"id":1004356373,"date":"2019-10-01T09:41:00","date_gmt":"2019-10-01T17:41:00","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004356373"},"modified":"2019-10-01T09:41:00","modified_gmt":"2019-10-01T17:41:00","slug":"lpc-west-buys-62-ksf-industrial-asset-in-san-diego","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/lpc-west-buys-62-ksf-industrial-asset-in-san-diego\/","title":{"rendered":"LPC West Buys 62 KSF Industrial Asset in San Diego"},"content":{"rendered":"<div id=\"attachment_1004356994\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/09\/9877-Waples-St..jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004356994\" data-attachment-id=\"1004356994\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/lpc-west-buys-62-ksf-industrial-asset-in-san-diego\/9877-waples-st\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/09\/9877-Waples-St..jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;IvyLee Rosario&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1569936144&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=\"9877 Waples St.\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;9877 Waples St., San Diego. Image via Google Street View&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/09\/9877-Waples-St..jpg?w=800\" class=\"wp-image-1004356994 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/09\/9877-Waples-St..jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/09\/9877-Waples-St..jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/09\/9877-Waples-St..jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/09\/9877-Waples-St..jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004356994\" class=\"wp-caption-text\">9877 Waples St., San Diego. <em>Image via Google Street View<\/em><\/p><\/div>\n<p>LPC West, <a href=\"https:\/\/www.commercialsearch.com\/news\/lincoln-property-expands-launches-lpc-west\/\">a subsidiary of Lincoln Property Co.<\/a>, has acquired a 62,400-square-foot industrial building located in San Diego\u2019s Sorrento Mesa submarket. The transaction marks LPC West\u2019s fourth purchase of flexible, industrial space in San Diego this year.<\/p>\n<p>The seller, MVP Waples, received $10.4 million for the asset. First Vice President &amp; Senior Director with Marcus &amp; Millichap&#8217;s Institutional Property Advisors Ben Tashakorian represented the buyer in the deal, while the seller represented itself.<\/p>\n<p>Located at 9877 Waples St., the property is spread across 3.5 acres of land in an area where life science companies and technology firms are prevalent. The new owner plans to reposition the building and add outdoor amenities and significant infrastructure upgrades. LPC West currently manages some three million square feet of office, industrial, life science and specialty mixed-use space throughout San Diego County.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The new owner plans to reposition the building and add outdoor amenities and significant infrastructure upgrades. <\/p>\n","protected":false},"author":237,"featured_media":1004356994,"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":[34331,34836],"class_list":["post-1004356373","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-lpc-west","tag-marcus-millichap"],"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>LPC West Buys 62 KSF Industrial Asset 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\/lpc-west-buys-62-ksf-industrial-asset-in-san-diego\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LPC West Buys 62 KSF Industrial Asset in San Diego\" \/>\n<meta property=\"og:description\" content=\"The new owner plans to reposition the building and add outdoor amenities and significant infrastructure upgrades.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/lpc-west-buys-62-ksf-industrial-asset-in-san-diego\/\" \/>\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=\"2019-10-01T17:41:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/09\/9877-Waples-St..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=\"Anca Gagiuc\" \/>\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\/lpc-west-buys-62-ksf-industrial-asset-in-san-diego\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/lpc-west-buys-62-ksf-industrial-asset-in-san-diego\/\",\"name\":\"LPC West Buys 62 KSF Industrial Asset in San Diego - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/lpc-west-buys-62-ksf-industrial-asset-in-san-diego\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/lpc-west-buys-62-ksf-industrial-asset-in-san-diego\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/09\/9877-Waples-St..jpg\",\"datePublished\":\"2019-10-01T17:41:00+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/340a1a5e8e7dd137bd91ca1dd3a2e9d7\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/lpc-west-buys-62-ksf-industrial-asset-in-san-diego\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/lpc-west-buys-62-ksf-industrial-asset-in-san-diego\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/lpc-west-buys-62-ksf-industrial-asset-in-san-diego\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/09\/9877-Waples-St..jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/09\/9877-Waples-St..jpg\",\"width\":800,\"height\":620,\"caption\":\"9877 Waples St., San Diego. 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