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Virtus Finds Value in Rancho Bernardo Campus
Austin, TX-based commercial real estate investment firm, Virtus Real Estate Capital, purchased Sunroad Plaza, an office campus in Rancho Bernardo, CA for $19.9 million. The seller was San Diego-based commercial real estate firm Sunroad Enterprises.
Located at 11770 Bernardo Plaza Ct., the 71,934 square-foot property consists of one three-story building and one four-story building. The office campus features on-site showers and lockers, executive conferencing facilities and 423 parking spaces. Sunroad Plaza was 82% leased to a mix of government, medical and professional office users.
CBRE’s Lars Eisenhauer represented the buyer. CBRE’s Matt Pourcho, Anthony DeLorenzo, Gary Stache, Doug Mack and Bryan Johnson advised the seller.
Pourcho says, “This location in Rancho Bernardo is very rich with amenities, has a strong residential base and is strategically located just off the I-15 freeway. This was an excellent opportunity for the buyer to acquire an asset and reposition to a full medical campus.”
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition


