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San Diego Office Complex Sells for $525 Million, Among the Biggest Area Deals in Decades

American Assets Trust Buying Two-Tower Property in High-Demand UTC Neighborhood
The deal for the La Jolla Commons office complex in University Town Center is San Diego's largest so far in 2019.  Photo: CoStar
The deal for the La Jolla Commons office complex in University Town Center is San Diego's largest so far in 2019. Photo: CoStar
CoStar News
June 10, 2019 | 9:18 P.M.

Real estate investment trust American Assets Trust Inc. agreed to buy the two-tower La Jolla Commons office complex in San Diego’s University Town Center neighborhood for $525 million, the city's second-largest commercial property sale in at least the past two decades.

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