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Arden Buys San Diego Office Complex for $185M

Expands Sorrento Mesa Holdings with Five-Building, 600,000-SF Purchase
By Stephanie Phongpitag
March 31, 2005 | 4:19 P.M.

Los Angeles-based Arden Realty (NYSE:ARI) closed on its purchase of the Sorrento Mesa Corporate Center, a five-building office and retail complex totaling just over 600,000 square feet in the northwestern Sorrento Mesa suburb of San Diego, for $185 million or approximately $307 per square foot.

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News | Arden Buys San Diego Office Complex for $185M