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Voit Handles Eight-Building National City Office Park Deal
San Diego-based H.G. Fenton Company divested the eight-building Southport Office Park in San Diego’s National City submarket for $8.75 million. The buyer was Dan Floit, a private investor, also based in San Diego.
The 33,894 square-foot office park includes 102, 132 & 202 Mile of Cars Way, 2403, 2435, 2425 & 2427 Hoover Ave., and 2405 Transportation Ave.
Voit’s Mark Caston and Spencer Kerrigan represented the buyer, who plans to invest into Southport in order to create a unique state-of-the-art office environment. Voit’s Michael Mossmer and Curt Perry represented the seller. The Mossmer/Perry Group at Voit will retain the leasing.
Mossmer says, “The sale represents continued strength in the sought-after South Bay submarket. With 100% occupancy among a diverse roster of credit tenants, this asset delivers immediate stable cash flow as well as a tremendous opportunity for future value creation.”
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition


