Just Sold – Pacifica Companies Buys 2727 Kettner Blvd to Develop 90,000 SF Self-Storage

Wednesday, December 2, 2015

Summary of Sale: ECP Commercial is pleased to announce the sale of the property at 2727 Kettner Blvd., San Diego to Pacifica Companies. This off-market property was sourced by ECP and was closed in 34 days from open of escrow.

Pacifica intends to redevelop the property utilizing the existing iconic building currently leased to Fox Rent A Car. This redevelopment will total 90,000 square feet and will include a fully enclosed four story, environmentally controlled state of the art self-storage facility.

The project, which is adjacent to Freeway 5, will have outstanding freeway signage and will become the premier downtown self-storage location. Pacifica owns several self-storage facilities including Pacific Highway Storage. ECP Commercial specializes in identifying off-market assets, making them available to ECP clients. ECP AssetCare currently manages and leases Pacifica’s Mission Brewery Plaza, Alamo Rent A Car, and will also manage this location.

Sale Price: $3,000,000

Sale Date: 12/2/2015

Address: 2727 Kettner Blvd., San Diego, CA 92101

Title: Cameron Aldrich of Chicago Title

Buyer: Pacifica Companies

Buyer Representation: Joe Bonin and Pat Geary of ECP Commercial

Seller: Kim Bechtold

Seller Representation: Harold Atwater / John Boyle / Roger Brown

Financing: None (All Cash)

 

 

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