Grubb & Ellis/BRE Commercial arranged the sale of two office buildings totaling 132,920 square feet in San Diego.

The value of the transaction was $26 million.

The buildings are located at 1650 & 1660 Hotel Circle North. They are situated on two separate parcels totaling approximately 4.1 acres.

The seven-story office building located at 1660 Hotel Circle North consists of 104,098 square feet and was 83 percent leased at the time of sale to 24 tenants. Major tenants include Coldwell Banker Residential Brokerage Co., The Mobile Solution and Zenith Insurance Co.

The adjacent two-story building located at 1650 Hotel Circle North consists of 28,822 square feet and was fully leased at the time of sale to seven tenants, including AT&T Government Solutions, Arlen Capital and Prado Mortgage Corp.

1660 Investors L.P. and 1650 Investors L.P sold the buildings to JM43 LP.

San Diego-based Grubb & Ellis/BRE Commercial is a privately held commercial real estate brokerage.


What’s your opinion? Send your Letter to the Editor to

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription