

Rancho Bernardo Vista
16915 Via Del Campo, San Diego, CA | 142,000 SF
Rancho Bernardo Vista is 141,518 SF Class A, newly constructed industrial building in the Rancho Bernardo submarket of San Diego, CA with co-tenancy of many of the world’s largest technology and defense firms.
Purchased “off market” for $50M ($353/SF) and a 4.00% cap rate in February 2021
Trophy / core asset, 100% leased to the largest e-commerce company in the world, Amazon (S&P AA-) through December 31, 2030
Institutional-quality industrial building that, prior to executing lease with Amazon, was highly sought after by credit tenants such as Apple and Home Depot
New financing of $26M (52% loan to value) at 2.72% fixed for 7 years