Integra – San Diego appraised an existing office property containing 276,578 square feet of rentable area. The improvements were constructed in 1997 and were 100% leased as of the effective appraisal date. The site area is 17.26 acres. This appraisal was completed for financing purposes for an insurance company client.
IRR-San Diego recently performed a market value appraisal of the leased fee interest in an office tower property containing 232,000+ SF rentable area, located on a site of .69 acres, in downtown San Diego. This appraisal was performed for loan underwriting purposes for a financial institution.
Integra – San Diego appraised the Aventine, an existing multi‐tenant office and retail property containing 239,949 square feet of rentable area. The improvements were constructed in 1990 and are 91% leased as of the effective appraisal date. The site area is 6.48 acres or 282,269 square feet. The property was in escrow at the time of the appraisal. Integra – San Diego provided valuation, and also provided the allocated values of the retail component (including retail garage) and the office component (including office garage) of the subject property. We also developed an opinion of the prospective stabilized market value of the leased fee interest in the property, as of the prospective date of value in 2016.
We are pleased to present copies of our recently released IRR Viewpoint 2015, Integra Realty Resources’ signature publication. In this annual edition, we provide market value trends for investment-grade real estate across the San Diego market. Read More
Integra Realty Resources – San Diego has completed a commercial appraisal of an office property located in the community of Scripps Ranch in the city of San Diego. The building is approximately 70,000 square feet and is located on a 5.42 acre site. As of the effective date of the appraisal, the property is 100% leased to a single tenant. The purpose of this commercial valuation was for loan underwriting purposes for a lender.
If you have any office appraisal questions or needs, or if you would like more information on market trends in Scripps Ranch, please contact IRR San Diego today at 858-259-4900 or email@example.com.
IRR San Diego has completed a commercial appraisal of a multi-tenant office property located in Solana Beach in San Diego County. The building contains approximately 35,000 square feet and is located on a 1.29 acre site. The five-story building, built in 1983, is 93% leased to 11 tenants as the of effective appraisal date; there was one vacant suite at the time of the appraisal. The purpose of this commercial valuation was for loan underwriting purposes for a life insurance company.
IRR San Diego has completed a commercial appraisal of a business park located in the community of Rancho Bernardo in San Diego. The park consists of three, multi-tenant low-rise buildings that total approximately 79,000 square feet. Built in 1989, the project includes 12 suites, two of which are industrial flex units and the remaining 10 of which are 100% built out as office space. As of the effective appraisal date, the subject was 94% leased.
The purpose of this commercial valuation was for estate planning purposes, which is one of Integra San Diego’s specialty appraisal practices. If you have any questions regarding real estate appraisals for estate planning purposes or commercial valuations in Rancho Bernardo, please contact us today at (858) 259-4900 or firstname.lastname@example.org.
Integra San Diego has completed a commercial appraisal of a waterfront property located in Coronado in San Diego County. The property consists of three different property types: a 4,500 square foot office building, a 9,200 square foot restaurant building, and a 20,000 square foot vacant pad. The total site area is about 7 acres. As a waterfront property, parts of the subject are either underwater or not. In this case, the site consists of a filled upland parcel (also known as a land parcel) and a submerged tideland parcel (also known as a water area parcel).
As with most waterfront properties in San Diego, this property is subject to a ground lease. The subject is 100% owner-occupied by the master ground lease, and the restaurant is 100% subleased to a single tenant. The purpose of this commercial valuation was for loan underwriting purposes for a lender.
IRR San Diego has completed a commercial appraisal of an office tower located in Downtown San Diego. The multi-tenant building measures almost 340,000 square feet and has over 30 tenants. The site area of the property equates to 1.31 acres. The purpose of this commercial valuation was for loan underwriting purposes.