SENTRE Picks Up Fully Leased Industrial Facility

SENTRE recently acquired Rancho Bernardo Vista for $50 million. The new 141,518-square foot class-A industrial facility is fully leased to a large noteworthy e-commerce company through 2030. The facility is located at 16915 Via Del Campo in the Rancho Bernardo area of San Diego.

“Rancho Bernardo Vista is newly developed to the highest institutional standards and is located in one of San Diego’s strongest submarkets with co-tenancy of many of the world’s largest technology and defense firms,” said Douglas Arthur, president and CEO of SENTRE.

The seller developed Rancho Bernardo Vista in 2020 as a core industrial distribution facility. The property was fully leased prior to completion and will serve as a mission-critical last-mile facility for the credit tenant. The 10.12-acre secure site is located at 16915 Via Del Campo.

The JLL team representing the seller was Bob Prendergast, Lynn LaChapelle and Sach Kirpalani. The JLL team made up of Aldon Cole and Bradley Vansant represented SENTRE in the placement of $26 million loan. Jay Alexander and Andy Irwin of JLL represented the developer in its lease negotiations.

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