Summary of Sale: ECP Commercial is pleased to announce the sale of the property at 2727 Kettner Blvd., San Diego to Pacifica Companies. This off-market property was sourced by ECP and was closed in 34 days from open of escrow.
Pacifica intends to redevelop the property utilizing the existing iconic building currently leased to Fox Rent A Car. This redevelopment will total 90,000 square feet and will include a fully enclosed four story, environmentally controlled state of the art self-storage facility.
The project, which is adjacent to Freeway 5, will have outstanding freeway signage and will become the premier downtown self-storage location. Pacifica owns several self-storage facilities including Pacific Highway Storage. ECP Commercial specializes in identifying off-market assets, making them available to ECP clients. ECP AssetCare currently manages and leases Pacifica’s Mission Brewery Plaza, Alamo Rent A Car, and will also manage this location.
Sale Price: $3,000,000
Sale Date: 12/2/2015
Address: 2727 Kettner Blvd., San Diego, CA 92101
Title: Cameron Aldrich of Chicago Title
Buyer: Pacifica Companies
Buyer Representation: Joe Bonin and Pat Geary of ECP Commercial
Seller: Kim Bechtold
Seller Representation: Harold Atwather / John Boyle / Roger Brown
Financing: None (All Cash)