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SORRENTO COMMERCE PARK

Project Summary

date acquired

January 2019

location

San Diego, CA

size

35,294 SF

units

10

year built

1988

Investment Summary

In January 2019, BKM Capital Partners completed the acquisition of Sorrento Commerce Park (formerly Waples Industrial Centre) in San Diego, CA. The 35,294 square-foot multi-tenant business park consists of two buildings with ten units.

The property is located in the highly sought-after Sorrento Valley industrial submarket, which is the best-performing market in Central County. The asset has undergone a cosmetic overhaul through BKM's signature capital improvements package, including a refreshed paint scheme, upgraded signage, and modernized landscaping. BKM also addressed deferred maintenance on HVAC units and the parking lot.

The asset was realized in March 2023.

Site Plan

Location

Project Photos

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