New York-based investor has acquired Chesapeake Corporate Center, a 59,175-square-foot office building in the Kearney Mesa neighborhood of San Diego. The acquisition is Sason's first in the San Diego market. A joint venture between Chesapeake Center LP and Brown Chesapeake LLC sold the property for an undisclosed sum.

Sason plans to rebrand the property as Canvas on Chesapeake, and the firm plans to invest $1.5 million to improve the property. The capital improvement plans include upgrades to the building's lobbies, the elevators, lighting and other mechanical systems and the installation of a new roof. Sason will also develop two new spec suites at the property.

Sason plans to target "forward-thinking companies who value design-forward indoor and outdoor workspaces and overall wellness" to occupy the property, according to Joshua Sason, a principal at the company. JLL's Richard Gonor and Tony Russell will lead leasing efforts at the property, which offers floor plates ranging from 17,000 square feet to 3,000 square feet.