AFJR Partnership LP purchased the office building located at 2918 5th Ave. in Downtown San Diego. This 21-year-old property features 45 covered parking spaces at a ratio of 1.93 per 1000 and is within one block walking distance to Balboa Park. The buyer agreed to purchase the office building for $3.25 million, approximately $139.19 per square foot and at an 8% cap rate. Stephen Dok of IPC Commercial represented the buyer. San Diego Commercial Real Estate Services represented the seller, 5th & Palm Corp.