“This portfolio sale is part of the $1.1 billion of new state-of-the-art industrial assets Bridge will sell in 2017,” says Steve Poulos, founder/CEO of Bridge Development Partners.
Creative deal-making skills and the ability to reposition obsolete real estate are necessary elements for buyers entering the highly competitive Orange County marketplace, Savills Studley's Brad Schmitt tells GlobeSt.com.
Designed by architectural firm Architectura, with interiors curated by boutique design firm, VLDG, One Park has a glass curtain wall and private outdoor space for every home.
The third quarter benefitted from larger occupiers finalizing deals on some big blocks of space in Otay Mesa, Rancho Bernardo and Sorrento Mesa as space needs for industrial occupiers become increasingly more specific, CBRE's Sean Williams tells GlobeSt.com.