San Diego
A partnership between Gemdale USA Corp. and Lincoln Property Co. have acquired Aperture Del Mar, a 16-acre premier, fully entitled, infill development site in Del Mar Heights, for $70 million.
Aperture is ideally situated within a five-minute walk to over 185,000 square feet of newly developed retail amenities, and offers exceptional visibility and approach from SR 56, providing easy access from the region's best executive and skilled workforce housing communities.
JLL's Capital Markets team of Kevin MacKenzie, Doug Bond, Nick Psyllos, Michael Leggett and John Chun handled the transaction on behalf of the seller, an institutional investor, and buyer. JLL's team of Chad Urie, Tony Russell and Grant Schoneman will oversee leasing of the project.
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Kelsi Maree Borland
