Fenway Capital Advisors sold San Diego office property
Intersection which has commercial real estate firm, has purchased Oberlin Court. The seller, Fenway Capital Advisors received $7.6 million in the transaction.
Two building Oberlin Court is a 31,000 square foot office property located in San Dieoge’s Sorrento Valley submarket. The Class B office asset had a 6.8 percent vacancy rate at the time of the sale. The asset was completed in two phases between 1982 and 1983. The two story buildings underwent renovations in 1999.
Situated at 5665 Oberlin Drive, the office building has major street exposure via Mira Mesa Boulevard. Oberlin Court is close to interstate 805 and 5. Nearby shopping, retail and entertainment venues include Westfield UTC Shopping Center, which is within 3 miles of the property. Oberlin Court is within 6 miles of University of California San Diego. Amenities include controlled access and 78 parking spaces.
Source: CP Executive
Fulya Altunyay/ [email protected]