SAN DIEGO- McCarthy Cook Co. has purchased Canyon Plaza, a 2-building, 213,000 square-foot office campus located in the Sorrento Mesa submarket. The campus was acquired in a partnership with AllianceBernstein U.S. Real Estate Partners, L.P., a real estate investment fund sponsored by AllianceBernstein, L.P., a global investment management firm.
Lynn LaChapelle and Bob Prendergast of Jones Lang LaSalle represented the seller, a real estate investment fund advised by LaSalle Investment Management. McCarthy Cook and AllianceBernstein represented themselves in the transaction.
Canyon Plaza is currently 49% leased to CareFusion Corporation, a global health care company that develops market-leading technologies that help hospitals measurably improve patient care. The project was built in 1986 and expanded in 1993. It was previously master-leased to Conexant Systems.
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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.
