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Wednesday, Sep 28, 2022
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Rancho Bernardo Business Park Sold for $17.5 Million

Hill Properties based in La Jolla has acquired the Via Frontera Business Park in Rancho Bernardo for $17.5 million.

The 80,900 square foot business park has two buildings at 10965 to 10993 Via Frontera Drive that were fully leased at the time of sale.

The seller was Xpress Data, Inc., which agreed to lease back 41,000 square feet of space that it will continue to occupy within the park.

 “Hill Properties is excited about our acquisition of the Via Frontera Business Park. We have been focused on low-rise, technology-oriented buildings in the I-15 corridor and this project has been on our radar for a long time. We look forward to making the project one of the most well-recognized buildings in the submarket,” said Jason Hill of Hill Properties.

Philip Roberts with Cushman & Wakefield brokered the sale.

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