SAN DIEGO—Since H.G. Fenton Company acquired four National City industrial projects in a single transaction in June 2012, Voit Real Estate Services has facilitated 23 new leases bringing the 610,000-square-foot portfolio to the 95 percent leased mark.
“The H.G. Fenton Company reputation for responsible management practices is very appealing to businesses looking for space as well as for the communities in which Fenton projects are located,” said Michael Mossmer senior vice president with Voit Real Estate Services. “Tenants in particular like knowing that their work place is owned and managed by a company with a long-term commitment and this confidence certainly has played a role in the successful leasing activity at these projects.”
H.G. Fenton Company acquired the portfolio from Collins Development Corp. for $49 million as part of its continuing efforts to provide San Diego businesses with quality, well-located and well-managed work places. The projects, which include represent H.G. Fenton's expansion into the South Bay area and bring its countywide portfolio to 4 million square feet.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
