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January 10, 2018  

San Diego Office/Medical Opportunity

An office/medical campus is up for grabs in the affluent La Jolla section of San Diego.The 198,000-square-foot Campus on Villa La Jolla could attract bids of about $95 million, or $480/sf. Newmark is representing the unidentified seller.The marketing pitch is that a buyer could seek to boost the 82% occupancy rate and raise rents on existing leases as they roll over.The nearly seven-acre campus connects to the University of California San Diego...

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