High-rise commercial buildings

Sub Markets

Property Sectors

Topics

California CRE News In Your Inbox.

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

New call-to-action
California  + San Diego  + Office  | 

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

Read More News Stories About: CBRE
Connect

Inside The Story

Connect With Virtus Real Estate CapitalConnect With Sunroad EnterprisesConnect With CBRE’s Pourcho

About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., 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, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Sale/Acquisition
New call-to-action
New call-to-action
New call-to-action