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EverWest Snags $20M in Financing for Del Mar Corporate Plaza

Denver-based EverWest Real Estate Partners secured $19.5 million in financing for Del Mar Corporate Plaza, two newly-renovated office buildings totaling 73,562 square feet in San Diego. HFF’s Chris Collins worked on behalf of the borrower to arrange the 10-year, 4.54%, fixed-rate acquisition loan through a correspondent life insurance company.

Renovated in 2017, the Class A creative office buildings feature small floorplates, a newly-renovated fitness center with showers and locker rooms, outdoor patios, a two-story atrium lobby and updated common areas. The property is 79% leased to tenants, including HomeStreet Bank and Cirius Therapeutics.

Del Mar Corporate Plaza is located at 12651 and 12671 High Bluff Dr. in Del Mar Heights. The property is within walking distance of the retail and dining amenities at the new One Paseo mixed-use development, and is close to Carmel Country Plaza and Del Mar Highlands Town Center.

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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.

  • ◦Financing
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