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Goldrich & Kest Divests Kearny Mesa MF for $107M
Agave Ridge, a 369-unit townhome community in San Diego’s Kearny Mesa neighborhood traded hands for $107 million. The buyer was San Francisco-based Prime Residential, while the seller was Los Angeles-based Goldrich & Kest.
Located at 7901 Harmarsh St., the 368,575-square-foot property was originally built in 1959. The unit mix is composed of two- and three-bedroom townhomes, with an average unit size of roughly 1,000 square feet. Amenities include playgrounds, pools and a fitness center. The site is located just south of the I-805 and SR 163 interchange and directly adjacent to Sharp Hospital and Rady Children’s Hospital.
CBRE’s Kevin Mulhern, Allen Chitayat, Stew Weston, Dean Zander and John Montakab represented the seller. The buyer was self-represented.
Mulhern says, “Agave Ridge is an incredibly well-located community with all townhouse-style units that provide much needed housing for families in the area and has become even more desirable with the approval of the recently updated Kearny Mesa Community Plan.”
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition




