RPG, a San Diego–based owner, operator and developer of high-quality commercial real estate, in joint venture partnership with CenterSquare Investment Management, has acquired 1 Viper Way in the North San Diego submarket of Vista, Calif.
“This acquisition is perfectly aligned with our niche approach to identifying, sourcing, repositioning, and developing exceptionally well-located, high-quality assets in the San Diego market, especially in North San Diego,” said Adam Robinson, founder and president of RPG. “This property previously served as the headquarters for an automotive technology company for 20 years and is now currently vacant. This provides a significant opportunity for upside potential and allowed us to acquire the asset at a discount.”
RPG and CenterSquare plan to implement a comprehensive repositioning plan to modernize the property to appeal to a growing number of industrial tenants throughout the region.
“North San Diego has emerged as
