SAN DIEGO—MIG Real Estate, a Newport Beach, California-based real estate investment company, has purchased Viewridge Business Park, a 72,571-square-foot office complex in the Kearny Mesa submarket of San Diego.
“In acquiring Viewridge Business Park, MIG Real Estate was attracted to Kearny Mesa's rising market fundamentals,” said Greg Merage, CEO of MIG Real Estate. “The property's value-add opportunities and location in one of San Diego's strongest submarkets offer excellent upside potential for this investment.”
Viewridge Business Park is located at 4711, 4715 and 4719 Viewridge Avenue, with access to Interstate 15, State Route 52, State Route 163 and Interstate 8. The property is currently 82% leased with tenants including Coastal Credit, YARDI and Vericare.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
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.
