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DivcoWest buys Northridge Summit in San Diego for $76.1m
Transactions - APRIL 29, 2022

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DivcoWest buys Northridge Summit in San Diego for $76.1m

by Released

DivcoWest has paid $76.1 million for Northridge Summit, a class-A, single-tenant office building totaling approximately 130,000 square feet in San Diego.

The seller was Davlyn Investments.

Northridge Summit is located at 12220 Scripps Summit Drive, in the Scripps Poway Parkway submarket along the Interstate 15 Corridor of San Diego. The I-15 Corridor is home to many of San Diego’s technology and corporate headquarters. The submarket is adjacent to the STEM worker-housing communities of choice, including Carmel Valley and Rancho Bernardo.

Northridge Summit features 43,000-square-foot rectangular floorplates, one level of below-grade parking, charging stations and a lush exterior courtyard. Northridge Summit is 100-percent leased to an AA+ rated technology company. The property is highly visible from the I-15 freeway and near many shops located within the Scripps Ranch Marketplace.

 

 

 

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