CarrAmerica buys Chancellor Park project

Expands SoCal office holdings

Don't miss the real estate event of the summer
Join 4,000 real estate pros at Connect SF, Aug 7‑11, 2017

CarrAmerica Realty Corp. has acquired Chancellor Park, a two-building, 195,733-square-foot office project in San Diego. The value of the transaction was approximately $56 million. The class A property is located at 4510 and 4520 Executive Drive within the University Town Center submarket. Completed in 1989, Chancellor Park is comprised of two four-story buildings and a three-story parking structure. Tenants in the building at the time of sale included BioCom, EMN8, and Reynolds & Reynolds. CarrAmerica owns, develops and operates office properties in 12 markets throughout the United States. *** What's your opinion? Send your Letter to the Editor to opinion@inman.com....