{"id":1004364686,"date":"2019-11-01T10:20:56","date_gmt":"2019-11-01T18:20:56","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004364686"},"modified":"2025-02-27T21:54:20","modified_gmt":"2025-02-28T05:54:20","slug":"cushman-wakefield-arranges-office-sale-in-san-diego","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cushman-wakefield-arranges-office-sale-in-san-diego\/","title":{"rendered":"Cushman &amp; Wakefield Arranges Office Sale in San Diego"},"content":{"rendered":"<div id=\"attachment_1004364689\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/10\/12585-Kirkham-Road.png\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004364689\" data-attachment-id=\"1004364689\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/cushman-wakefield-arranges-office-sale-in-san-diego\/12585-kirkham-road\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/10\/12585-Kirkham-Road.png\" 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;0&quot;}\" data-image-title=\"12585 Kirkham Road\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;12585 Kirkham Road. Image via Google Street View&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/10\/12585-Kirkham-Road.png?w=800\" loading=\"lazy\" class=\"wp-image-1004364689 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/10\/12585-Kirkham-Road.png\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/10\/12585-Kirkham-Road.png 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/10\/12585-Kirkham-Road.png?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/10\/12585-Kirkham-Road.png?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004364689\" class=\"wp-caption-text\">12585 Kirkham Road. <em>Image via Google Street View<\/em><\/p><\/div>\n<p>Cushman &amp; Wakefield\u2019s Gregory Hooker and Brant Aberg have represented ZTelco in purchasing a new building in the Poway District of San Diego. The internet service provider paid $2 million for the 8,772-square-foot asset, which will function as the company\u2019s new headquarters. The former owner, engineering firm CBT Systems, worked with Cushman &amp; Wakefield\u2019s Weston Yahn and Connor Wieck of Voit Real Estate Services to close the sale. The transaction comes a few months after Cushman &amp; Wakefield represented Gemological Institute of America Inc. in <a href=\"https:\/\/www.commercialsearch.com\/news\/san-diego-area-industrial-asset-sells-for-7m\/\">the sale of its Class A industrial facility<\/a> in Carlsbad, Calif.<\/p>\n<p>The property is a well-maintained industrial facility located at 12585 Kirkham Road. The development provides space for an office, a new warehouse and a static microwave receiver tower capable of delivering fiber internet speeds. ZTelco, which will relocate from its previous space in Kearny Mesa, expects its new headquarters to be fully completed by the end of the year.<\/p>\n<p>According to a recent Cushman &amp; Wakefield industrial report, Poway has one of the lowest industrial vacancy rates nationwide, at 1.1 percent.<\/p>\n<p><em>If you\u2019d like to be featured in Brokers\u2019 Corner, send your deal to&nbsp;<a href=\"mailto:deals@cpe-mhn.com\"><strong>deals@cpe-mhn.com<\/strong><\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The buyer, internet service provider ZTelco, paid $2 million for the property, which will function as the company\u2019s new headquarters.<\/p>\n","protected":false},"author":30,"featured_media":1004364689,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21781,21743,21748,21783,21742,1608,15],"tags":[32799,32833],"class_list":["post-1004364686","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate-real-estate","category-deals","category-industrial","category-investment","category-latest","category-san-diego","category-west","tag-cushman-wakefield","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>Cushman &amp; 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