Real Estate
Office Building Sells For $6M As Once Sleepy Scripps Ranch Market Perks Up
The one-story property situated on 2.22 acres was built in 1980, has 92 parking spaces and is fully leased.
February 24, 2023
A 23,524-square-foot office building in Scripps Ranch has been sold to a private buyer for $6.04 million, according to a real estate brokerage.
Find out what's happening in San Diegofor free with the latest updates from Patch.
CBRE arranged the sale of 10200 Willow Creek, a one-story property situated on 2.22 acres that was built in 1980.
Matt Pourcho, Jeb Bakke, Anthony DeLorenzo, Matt Harris and Nick Williams of CBRE’s Private Capital Partners represented the seller, Epsten Grinnell & Howell, APC, in the transaction. The buyer was self-represented.
Find out what's happening in San Diegofor free with the latest updates from Patch.
“Scripps Ranch used to be a ‘sleeper’ submarket, but now is seeing massive life science developments and significant office tenant demand because of the office-to-lab conversions in Sorrento Mesa,” said Mr. Pourcho. “Additionally, the local area is fueled by the remaining significant residential developments, 3Roots and StoneCreek.”
The property has 92 parking spaces and is currently fully leased and located at Willow Creek and Appaloosa roads.
Times of San Diego is an independent online news site covering the San Diego metropolitan area. Our journalists report on politics, crime, business, sports, education, arts, the military and everyday life in San Diego. No subscription is required, and you can sign up for a free daily newsletter with a summary of the latest news.
