July 19, 2016
Beverly Hills-based Omninet Capital acquired a three-building, 146,234-square-foot office portfolio consisting of two projects in the San Diego market for an undisclosed price. The portfolio was 91% leased at the time of sale.
Two assets acquired in Rancho Bernardo, CA include Foremost Professional Plaza, a 59,090-square-foot, atrium-style, multi-tenant office building, and Bernardo Regency Center, a 48,063-square-foot, three-story office building. The other property involved was Three Governor Park, a 39,081-square-foot, two-story office building in Governor Park, CA.
CBRE’s advisors Louay Alsadek and Hunter Rowe, along with Cushman & Wakefield’s market experts Chris High and Phillip Roberts represented the seller, an unnamed institutional commercial real estate investor. Omninet Capital was self-represented.
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