Sorrento Pines

4108, 4110 & 4122 Sorrento Valley Blvd., San Diego, Calif.

Located in Sorrento Valley, Sorrento Pines is a multi-tenant business park, containing four buildings. While Cruzan | Monroe held the asset, numerous exterior and common area renovations were implemented, including new hardscape and landscape improvements, repainting and upgrading building exteriors, irrigation, roof and building system upgrades, replacement of HVAC units, and resealing and striping the parking lot.

The Facts:

  • Site Acreage: 
    7.89
  • Square Footage: 
    115,000
  • Acquisition Date: 
    June 2003
  • Acquisition Price: 
    $10.75 M
  • Sale Date: 
    October 2005
  • Sale Price: 
    $18.9 M