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Value Add Investment Firm Acquires Futura Business Park in San Diego

Local Investor Sells 90% Leased Office Park for $11.2 Million
Futura Business Park at 9445-9465 Farnham St. in San Diego was completed in 1982 and renovated in 2009. (CoStar)
Futura Business Park at 9445-9465 Farnham St. in San Diego was completed in 1982 and renovated in 2009. (CoStar)
By Brooke Kiel
CoStar Research
2 August 2019 | 18:43

Hill Properties, a full service investment firm headquartered in La Jolla, California, has purchased Futura Business Park, a three-building office property in the Kearny Mesa submarket of San Diego, from a private local investor for $11.2 million, or about $219 per square foot.

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News | Value Add Investment Firm Acquires Futura Business Park in San Diego