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Office Highlights

United States | San Diego, CA

Report | San Diego Office Highlights - Q1 2011

Summary

Activity in the first quarter did not match the tempo of that seen in the last quarter of 2010, but there were still some significant deals inked in the first quarter. The FBI has committed to leasing a 248,000-square-foot, build-to-suit in Sorrento Mesa. This is one of the largest build-to-suit office deals seen in recent memory. On the sales front, Centrewest Plaza at 9710-9740 Scranton Drive in Sorrento Mesa, sold in the first quarter to Cruzan|Monroe for $18.4 million.

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