{"id":1004427844,"date":"2020-04-29T06:41:21","date_gmt":"2020-04-29T14:41:21","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004427844"},"modified":"2021-05-10T02:05:50","modified_gmt":"2021-05-10T10:05:50","slug":"mig-real-estate-sells-san-diego-office-park-for-15m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/mig-real-estate-sells-san-diego-office-park-for-15m\/","title":{"rendered":"MIG Real Estate Sells San Diego Office Park for $15M"},"content":{"rendered":"
\"\"<\/a>

Viewridge Business Park<\/p><\/div>\n

MIG Real Estate has sold the 72,803-square-foot Viewridge Business Park in San Diego to Dollinger Properties for $15.3 million. Public records show Wells Fargo Bank originated $10.1 million in acquisition financing for the new owner. According to Scott Athearn, principal at Dollinger, the sale marks the fourth purchase in the metro in the past 18 months.  <\/p>\n

Located at 4711, 4715 and 4719 Viewridge Ave. within the Kearny Mesa submarket, the asset is adjacent to Interstate 15 and roughly 12 miles from downtown San Diego. Completed in phases in 1982 and 1985, the three two-story buildings occupy a 3.7-acre site. The property received $2.5 million in capital improvements during the past four years. According to JLL information, the asset was 93 percent leased at the time of sale.      <\/p>\n

The JLL Capital Markets team of Managing Directors Bob Prendergast and Lynn LaChapelle and Senior Director Sach Kirpalani worked on behalf of the seller. Recently, the brokerage firm advised Dart Interests in inking a full-building lease<\/a> at Scripps Northbridge Corporate Center in San Diego.  <\/p>\n","protected":false},"excerpt":{"rendered":"

Wells Fargo Bank provided acquisition financing for the 72,803-square-foot Viewridge Business Park. <\/p>\n","protected":false},"author":748,"featured_media":1004427856,"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":[45530,32796,34450,33215],"class_list":["post-1004427844","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-dollinger-properties","tag-jll","tag-mig-real-estate","tag-wells-fargo-bank"],"acf":[],"yoast_head":"\nMIG Real Estate Sells San Diego Office Park for $15M - 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\/mig-real-estate-sells-san-diego-office-park-for-15m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MIG Real Estate Sells San Diego Office Park for $15M\" \/>\n<meta property=\"og:description\" content=\"Wells Fargo Bank provided acquisition financing for the 72,803-square-foot Viewridge Business Park.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/mig-real-estate-sells-san-diego-office-park-for-15m\/\" \/>\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=\"2020-04-29T14:41:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-10T10:05:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/04\/Viewridge-Business-Park-e1588169681408.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"992\" \/>\n\t<meta property=\"og:image:height\" content=\"745\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lucia Morosanu\" \/>\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\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/mig-real-estate-sells-san-diego-office-park-for-15m\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/mig-real-estate-sells-san-diego-office-park-for-15m\\\/\"},\"author\":{\"name\":\"Lucia Morosanu\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1077c2cf363c47bc75d1ab4c42b53bb5\"},\"headline\":\"MIG Real Estate Sells San Diego Office Park for $15M\",\"datePublished\":\"2020-04-29T14:41:21+00:00\",\"dateModified\":\"2021-05-10T10:05:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/mig-real-estate-sells-san-diego-office-park-for-15m\\\/\"},\"wordCount\":187,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/mig-real-estate-sells-san-diego-office-park-for-15m\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2020\\\/04\\\/Viewridge-Business-Park-e1588169681408.jpg\",\"keywords\":[\"Dollinger Properties\",\"JLL\",\"MIG Real Estate\",\"Wells Fargo Bank\"],\"articleSection\":[\"Deals\",\"Investment\",\"News\",\"Office\",\"San Diego\",\"West\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/mig-real-estate-sells-san-diego-office-park-for-15m\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/mig-real-estate-sells-san-diego-office-park-for-15m\\\/\",\"name\":\"MIG Real Estate Sells San Diego Office Park for $15M - 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