California CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
JLL Closes $76M Sale of Northridge Summit Office Complex
JLL Capital Markets has brokered the sale of the 130,000-square-foot Northridge Summit building in San Diego, CA. The Class A, single tenant facility at 12220 Scripps Summit Drive was purchased by Divco West.
The JLL trio of Nick Psyllos, Lynn LaChapelle and Kurt Luedtke marketed the building on behalf of the seller, Davlyn Investments. The asset features rectangular floorplates, below grade parking, charging stations and a lush exterior courtyard.
Northridge Summit, which is 100% leased to a AA+ rated technology company, is located along the I-15 Corridor, home to many of San Diego’s tech and corporate headquarters. It’s highly visible from the freeway, and is close to numerous shops located within the Scripps Ranch Marketplace.
- ◦Sale/Acquisition
