SAN DIEGO—CBRE says the Casey Brown Company has acquired the San Diego Union-Tribune property, located at 350 Camino de la Reina in Mission Valley for $52 million. Doug Manchester, the former publisher of the Union-Tribune was the seller. CBRE will be leasing the property.

The property is situated on 13 acres of infill land in the center of San Diego County; which includes a 170,000 square foot, five-story office building and a 190,000 square foot, three-story industrial building, which was the former newspaper print facility. Casey Brown plans to upgrade the existing office building into an amenity-rich, class A corporate campus. The industrial building is currently being evaluated for alternative uses. The site was also recently entitled for 200 apartment units with a unanimous approval by the San Diego City Council.

“I was drawn to the asset given its premier central location at the intersection of I-8 and SR-163, which is further enhanced by the walkability to the Green Line Trolley stop and Fashion Valley, San Diego's premier mall. I plan to make this an iconic landmark for all of San Diego,” said Casey Brown, founder, president and CEO of the eponymous firm. “I have a great deal of respect for Doug Manchester and the Union-Tribune and I look forward to celebrating the rich history of the campus while converting it to the next generation office environment.”