San Diego — JLL Capital Markets has arranged the $34.9 million sale and financing of The Headquarters, a 73,823-square-foot open-air shopping center in San Diego’s Marina District at the entrance to Seaport Village. A private real estate investment firm sold the property to a private real estate partnership.
The Headquarters, formerly the San Diego Police headquarters complex, was completely repositioned in 2013 and features a mix of food and beverage, daily needs and apparel tenants. The property was 83.3 percent leased at the time of sale. Current tenants include Eddie V’s, The Cheesecake Factory, Puerto, Galpão Gaucho Brazilian Steakhouse, Wedgewood Weddings and Starbucks Coffee.
Gleb Lvovich, Geoff Tranchina and Daniel Tyner of JLL represented the seller in the transaction. Gregg Shapiro and John Marshall of JLL assisted with the deal.