SAN DIEGO—Summit Pointe is entitled for 325,800 square feet of multi-tenant office space that's rare in the I-15 corridor, emerging from a first-time-to-market building that came with the right to develop addition square footage, Newport National Corp.'s president Scott Brusseau tells GlobeSt.com. The Carlsbad-based firm recently acquired the 20.95-acre site containing a 146,549-square-foot, class-A office building in San Diego's Sabre Springs/ I-15-corridor submarket for $31.4 million and plans extensive exterior and interior renovations to the existing building and development of a second phase building creating an innovative office campus named Summit Pointe.

Mark McEwen and Chris Williams of Colliers International represented the seller, HD Supply, while Newport National had no outside representation.

Initial plans for Summit Pointe include a revised building exterior, new lobby and multi-tenant common areas with indoor/outdoor venues, a conference center with food service bistro, and modern indoor/outdoor fitness center. Plans also include enhanced outdoor site amenities including an outdoor kitchen/bar, sports courts, collaboration areas, fire pits, an event conference terrace, a food-truck venue with dining areas amongst beautiful landscaping and mature shade trees, jogging trail on site and off-site trail access for hiking, jogging or mountain biking at the Los Penasquitos Canyon Preserve.