SAN DIEGO—Downtown San Diego continues its transformation with Kilroy Realty's purchase of a full city block at 2100-2174 Kettner Blvd. and 946 W. Hawthorn St. in Little Italy for $19.4 million. The developer is planning a class-A, 172,000-square-foot office-and-retail building at the site—the first new office building to be developed in this neighborhood in over 20 years.
The 52,500-square-foot site comprises three separate parcels that have been owned by three private families since the early 1920s. Colliers International San Diego Region's Victor Krebs and Mark Lewkowitz handled the transaction on behalf of the sellers and Kilroy and worked with the three property owners to market the parcels for sale together.
GlobeSt.com has learned from Colliers that the architect for the mixed-use project will be Gensler Architects; the start date for construction will be roughly fourth-quarter 2018, with a rough completion date estimated at first-quarter 2020; and the project will be five floors tall.
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Carrie Rossenfeld
Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.
