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California  + San Diego  + Office  | 

Vista Acquires Mission Valley Office Tower

Vista Investment Group acquired Plaza 2020, a 105,796-square-foot Class A office building in San Diego’s Mission Valley for an undisclosed amount. The building was above 95% leased at closing, and offered a 7.8% cap rate on in-place income.

The acquisition of Plaza 2020 was financed with a $16.6-million fixed-rate life company loan arranged by HFF’s Marc Schillinger. HFF’s Nick Frasco, Nick Psyllos, Ryan Gallagher, Kara Mathis and Taylor Bergthold marketed the property on behalf of the unnamed seller, and secured the buyer. Sklar Kirsh’s Andrew Kirsh represented Vista Investment Group.

Built in 1970, Plaza 2020 was extensively renovated in 2000. The 10-story office tower also features more than 10,000 square feet of tenant-serving ground floor retail, and is situated on a 3.16-acre site at 2020 Camino del Rio North, adjacent to Interstate 8 and SR-163.

For comments, questions or concerns, please contact Dennis Kaiser

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Inside The Story

Connect With Vista’s Jonathan BarachConnect With Sklar Kirsh’s KirshConnect With HFF’s Schillinger

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
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