{"id":1004602625,"date":"2022-09-14T02:21:00","date_gmt":"2022-09-14T10:21:00","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004602625"},"modified":"2023-02-03T06:58:47","modified_gmt":"2023-02-03T14:58:47","slug":"cbre-brokers-san-diego-office-sale","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cbre-brokers-san-diego-office-sale\/","title":{"rendered":"CBRE Brokers San Diego Office Sale"},"content":{"rendered":"
\"\"<\/a>

5752 Oberlin Drive. Image courtesy of CBRE<\/p><\/div>\n

A local private investor has acquired a 17,238-square-foot office building in San Diego, Calif., from an individual seller. CBRE<\/strong> brokered the $5.3 million\u2014or $305 per square foot\u2014deal for both parties.<\/p>\n

According to CommercialEdge data, the former owner purchased the asset in 1992, for $1.1 million. The two-story property at 5752 Oberlin Drive sits on a nearly 1-acre plot in the Sorrento Mesa neighborhood. Located just off Mira Mesa Boulevard and in proximity of interstates 5 and 805, the building is part of San Diego’s active life science and tech hub.<\/p>\n

Built in 1982, the property has a mansard-style roof, wood-framed walls and glass doors, as well as roof-mounted HVAC units and 49 parking spots. The previous owner renovated the building’s interior.<\/p>\n

CBRE\u2019s Senior Vice President Matt Pourcho, Vice Chairman Anthony DeLorenzo, Senior Vice President Scott Kincaid and Associate Matt Harris worked on behalf of the seller. The company\u2019s Vice Chairman Ted Jacobs, Vice President Hunter Rowe and Executive Vice President Matt Carlson represented the buyer. The new ownership intends to occupy a portion of the property, according to Pourcho.<\/p>\n

San Diego’s active life science and tech hub<\/h2>\n

As the nation’s suburban office markets are seeing a more rapid recovery than downtown areas, central San Diego is in line with these national trends: the metro’s office vacancy fell by 100 basis points in the second quarter of 2022, to 10.4 percent, according to a recent CBRE report<\/a>.<\/p>\n

Earlier this year, Manulife Investment Management closed on the $145 million disposition<\/a> of a two-building office campus located 4 miles south of 5752 Oberlin Drive. The property was fully leased at the time of the sale and holds life science redevelopment potential.<\/p>\n","protected":false},"excerpt":{"rendered":"

The asset traded at $305 per square foot.<\/p>\n","protected":false},"author":2991,"featured_media":1004602628,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21783,21742,21747,1608,15],"tags":[32789],"class_list":["post-1004602625","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment","category-latest","category-office","category-san-diego","category-west","tag-cbre"],"acf":[],"yoast_head":"\nCBRE Brokers San Diego Office Sale - CPE<\/title>\n<meta name=\"description\" content=\"CBRE brokered the $5.3 million sale of a 17,238-square-foot office building in San Diego, Calif., on behalf of both parties.\" \/>\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\/cbre-brokers-san-diego-office-sale\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBRE Brokers San Diego Office Sale\" \/>\n<meta property=\"og:description\" content=\"CBRE brokered the $5.3 million sale of a 17,238-square-foot office building in San Diego, Calif., on behalf of both parties.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/cbre-brokers-san-diego-office-sale\/\" \/>\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=\"2022-09-14T10:21:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-02-03T14:58:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/09\/5752-Oberlin-Office-Building-e1663073073927.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1065\" \/>\n\t<meta property=\"og:image:height\" content=\"798\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Simona Tudose\" \/>\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\\\/cbre-brokers-san-diego-office-sale\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cbre-brokers-san-diego-office-sale\\\/\"},\"author\":{\"name\":\"Simona Tudose\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/4659e2337f06b61cefc6b0b897d183a4\"},\"headline\":\"CBRE Brokers San Diego Office Sale\",\"datePublished\":\"2022-09-14T10:21:00+00:00\",\"dateModified\":\"2023-02-03T14:58:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cbre-brokers-san-diego-office-sale\\\/\"},\"wordCount\":291,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cbre-brokers-san-diego-office-sale\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2022\\\/09\\\/5752-Oberlin-Office-Building-e1663073073927.jpg\",\"keywords\":[\"CBRE\"],\"articleSection\":[\"Investment\",\"News\",\"Office\",\"San Diego\",\"West\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cbre-brokers-san-diego-office-sale\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cbre-brokers-san-diego-office-sale\\\/\",\"name\":\"CBRE Brokers San Diego Office Sale - CPE\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cbre-brokers-san-diego-office-sale\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cbre-brokers-san-diego-office-sale\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2022\\\/09\\\/5752-Oberlin-Office-Building-e1663073073927.jpg\",\"datePublished\":\"2022-09-14T10:21:00+00:00\",\"dateModified\":\"2023-02-03T14:58:47+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/4659e2337f06b61cefc6b0b897d183a4\"},\"description\":\"CBRE brokered the $5.3 million sale of a 17,238-square-foot office building in San Diego, Calif., on behalf of both parties.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cbre-brokers-san-diego-office-sale\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cbre-brokers-san-diego-office-sale\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cbre-brokers-san-diego-office-sale\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2022\\\/09\\\/5752-Oberlin-Office-Building-e1663073073927.jpg\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2022\\\/09\\\/5752-Oberlin-Office-Building-e1663073073927.jpg\",\"width\":1065,\"height\":798},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cbre-brokers-san-diego-office-sale\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"CBRE Brokers San Diego Office Sale\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/4659e2337f06b61cefc6b0b897d183a4\",\"name\":\"Simona Tudose\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2023\\\/02\\\/SimonaTudose_AuthorPhoto.jpg?w=79\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2023\\\/02\\\/SimonaTudose_AuthorPhoto.jpg?w=79\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2023\\\/02\\\/SimonaTudose_AuthorPhoto.jpg?w=79\",\"caption\":\"Simona Tudose\"},\"description\":\"Simona Tudose is an Associate Editor with Commercial Property Executive and Multi-Housing News. She joined the CPE-MHN team in July 2022 and writes news about industrial, office and manufactured housing sectors. You can reach out to her at simona.tudose@cpe-mhn.com.\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/simona-tudose\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"CBRE Brokers San Diego Office Sale - CPE","description":"CBRE brokered the $5.3 million sale of a 17,238-square-foot office building in San Diego, Calif., on behalf of both parties.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/cbre-brokers-san-diego-office-sale\/","og_locale":"en_US","og_type":"article","og_title":"CBRE Brokers San Diego Office Sale","og_description":"CBRE brokered the $5.3 million sale of a 17,238-square-foot office building in San Diego, Calif., on behalf of both parties.","og_url":"https:\/\/www.commercialsearch.com\/news\/cbre-brokers-san-diego-office-sale\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2022-09-14T10:21:00+00:00","article_modified_time":"2023-02-03T14:58:47+00:00","og_image":[{"width":1065,"height":798,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/09\/5752-Oberlin-Office-Building-e1663073073927.jpg","type":"image\/jpeg"}],"author":"Simona Tudose","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/cbre-brokers-san-diego-office-sale\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/cbre-brokers-san-diego-office-sale\/"},"author":{"name":"Simona Tudose","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/4659e2337f06b61cefc6b0b897d183a4"},"headline":"CBRE Brokers San Diego Office Sale","datePublished":"2022-09-14T10:21:00+00:00","dateModified":"2023-02-03T14:58:47+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/cbre-brokers-san-diego-office-sale\/"},"wordCount":291,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/cbre-brokers-san-diego-office-sale\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/09\/5752-Oberlin-Office-Building-e1663073073927.jpg","keywords":["CBRE"],"articleSection":["Investment","News","Office","San Diego","West"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/cbre-brokers-san-diego-office-sale\/","url":"https:\/\/www.commercialsearch.com\/news\/cbre-brokers-san-diego-office-sale\/","name":"CBRE Brokers San Diego Office Sale - CPE","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/cbre-brokers-san-diego-office-sale\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/cbre-brokers-san-diego-office-sale\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/09\/5752-Oberlin-Office-Building-e1663073073927.jpg","datePublished":"2022-09-14T10:21:00+00:00","dateModified":"2023-02-03T14:58:47+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/4659e2337f06b61cefc6b0b897d183a4"},"description":"CBRE brokered the $5.3 million sale of a 17,238-square-foot office building in San Diego, Calif., on behalf of both parties.","breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/cbre-brokers-san-diego-office-sale\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/cbre-brokers-san-diego-office-sale\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/cbre-brokers-san-diego-office-sale\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/09\/5752-Oberlin-Office-Building-e1663073073927.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/09\/5752-Oberlin-Office-Building-e1663073073927.jpg","width":1065,"height":798},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/cbre-brokers-san-diego-office-sale\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"CBRE Brokers San Diego Office Sale"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/4659e2337f06b61cefc6b0b897d183a4","name":"Simona Tudose","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/SimonaTudose_AuthorPhoto.jpg?w=79","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/SimonaTudose_AuthorPhoto.jpg?w=79","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/SimonaTudose_AuthorPhoto.jpg?w=79","caption":"Simona Tudose"},"description":"Simona Tudose is an Associate Editor with Commercial Property Executive and Multi-Housing News. She joined the CPE-MHN team in July 2022 and writes news about industrial, office and manufactured housing sectors. You can reach out to her at simona.tudose@cpe-mhn.com.","url":"https:\/\/www.commercialsearch.com\/news\/author\/simona-tudose\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/09\/5752-Oberlin-Office-Building-e1663073073927.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004602625","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/2991"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004602625"}],"version-history":[{"count":10,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004602625\/revisions"}],"predecessor-version":[{"id":1004602817,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004602625\/revisions\/1004602817"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004602628"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004602625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004602625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004602625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}