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California  + San Diego  + Office  | 
Pinnacle

Pinnacle Acquisition Points to Innovatus’ Target of High-Growth Micro Markets

Innovatus Capital Partners LLC recently acquired The Pinnacle, a five-story office building in Rancho Bernardo. Located along the Interstate 15 corridor on the city’s northeastern edge, The Pinnacle features 110,128 rentable square feet of class-A office space with 100 percent current occupancy.

LPC West, the West Coast arm of national real estate firm Lincoln Property Company, has been retained to provide property management services. This is Lincoln Property Company’s 13th U.S. transaction with Innovatus.

“The acquisition of The Pinnacle is further evidence of Innovatus identifying and acquiring best-in-class office properties in high-growth micro markets,” said Bradley Seiden, managing director, Innovatus. “Our national partnership with Lincoln Property Company allows us to have unique access to broad national property markets, and entering the growing San Diego technology and life science market has been a goal for some time.”

Built in 2007, The Pinnacle recently underwent a series of capital improvements including lobby renovations, upgraded shower and locker rooms, new landscaping, and EV charging stations.

“The Pinnacle is the pre-eminent class-A office building on the I-15 corridor and is well positioned as companies return to the office in 2022,” said Scott Moffatt, executive vice president of LPC West’s San Diego region.

Rancho Bernardo includes an array of technology- and innovation-oriented Fortune 500 mainstays including Apple, Amazon, HP, Sony, Caterpillar, Northrop Grumman and others.

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Bradley Seiden

About Lisa Brown

Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM. In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.

  • ◦Sale/Acquisition