October 27, 2015
Swift Real Estate Partners recently purchased the 5405 Morehouse Drive office building, located in the Sorrento Mesa area of San Diego. The 51,471-square-foot property, which was bought from Cruzan, was 92-percent leased at the time of sale.
Swift represented itself in the deal, while Cruzan was repped by a CBRE team that included Louay Alsadek, Hunter Rowe, and Andrew Taylor.
Swift, based in San Francisco, is the buyer and renovator of office buildings in select West Coast markets.
The Morehouse Drive building was built in 1988, and renovated by Cruzan in 2013. Tenants include tech, biotech and financial firms.