Track record

Cobra

Currently managed

Fund: AREUS I
Operation: Value-Add
Submarket: San Diego, CA
Square footage: 3.300mq
Acquisition: Q3-21

ACQUISITION
REFURBISHMENT
STABILISATION
SALE
Location

The property is a single-storey industrial building, which was used as a technology centre at the time of the acquisition. Following the expiry of the contract, the team is repositioning the property so that it becomes attractive for life-science companies.

The project is located in the Sorrento Mesa submarket, and is in close proximity to major institutions in the area, including the Salk Institute, Scripps Research Institute, Sanford Burnham Prebys Medical Discovery Institute and UC San Diego.

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