4205-4247 Ponderosa Ave., San Diego

April 13, 2023

Address: 4205-4247 Ponderosa Ave., San Diego (Kearny Mesa Landing

Description: 156,079 Sq. Ft. Multi-Tenant Business Park

Seller: Canyon Partners (Represented)

Buyer: Monro Capital Real Estate Fund II, LP

Assignment: Develop and implement a marketing campaign for the disposition of a 156,079 Sq. Ft. business park in the wake of the most dramatic increases in interest rates in history and unprecedented capital market volatility.

Result: The Voit Team generated multiple offers to purchase and identified a private San Diego based investment group that acquired the asset on an all cash basis in a sixty (60) day escrow period.