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102-Year-Old Santa Fe Depot Sold by Prologis

San Francisco-based Prologis, Inc. sold the 102-year-old Santa Fe Depot building in San Diego to Santa Fe Depot, LLC for an undisclosed amount. The transaction marks the first time the asset at 1050 Kettner Blvd. has traded hands. Prologis owned the property by way of a series of mergers of firms dating back to the original Santa Fe Railway company.

The nationally registered historic site includes a two-story, 30,661 square-foot structure situated on 3.78 acres. A local landmark built in 1915 and home to Amtrak’s San Diego Union Station since 1920, it currently serves as an integrated logistics hub.

Voit Real Estate Services’ Kipp Gstettenbauer and Ryan King represented both parties. Voit will oversee all aspects of asset management, and has retained Heritage Architecture & Planning to oversee long-term preservation and restoration of the asset.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.