SAN DIEGO—San Diego-based real estate development and investment company Zephyr has sold The Block, a 60,000-square-foot mixed-use site on Broadway between 7th and 8th Avenues to Vancouver-based Bosa Development.
The property – one of the last remaining full blocks of available property downtown – was acquired by
Zephyr in June 2014. The firm obtained approvals to transform it into a mixed-use development to include a 498-unit, 41-floor and 21-floor tower housing residential and retail space. Zoning of the site allows for development up to 720,000 square feet.
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