string(238) "

Join the region’s CRE leaders at Connect LA, May 3


California CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


California  + Office  | 

Iconic Emerald Plaza Asset Acquired for $92M

Los Angeles-based Kearny Real Estate and JV partner PCCP, LLC acquired Emerald Plaza, an iconic 364,160-square-foot, 30-story class A office tower located in the heart of downtown San Diego from Deutsche Bank for $91.7 million. The transaction didn’t include a 436-room Westin Hotel at the mixed-use site.

Kearny sees an opportunity to capture synergies of a resurgent market by cross-promoting and sharing hotel amenities, such as food and beverage service, conference rooms, parking and spacious lobby space.

Built in 1990, the 70% leased building is slated to be repositioned and refreshed. Planned renovations include redesigning the C Street office lobby to be more inviting, upgrading elevator cabs, as well as revitalizing select floors for the first time since the 1990s.

HFF’s Nick Psyllos, Ryan Gallagher, Nick Frasco, Tim Geiman and Kara Mathis handled the transaction.

For comments, questions or concerns, please contact Dennis Kaiser


Inside The Story

Read more at San Diego Union-TribuneConnect With Kearny’s Jeff GivensConnect With HFF’s Psyllos

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.

  • ◦Sale/Acquisition