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Boston Firm Buys San Diego Office Portfolio for $112 Million

Sorrento Valley Deal Continues Recent String of Transactions in Suburban Tech Submarkets
The property at 11494 Sorrento Valley Road is part of a recently sold 12-building portfolio. Image credit: Parallel Capital Partners
The property at 11494 Sorrento Valley Road is part of a recently sold 12-building portfolio. Image credit: Parallel Capital Partners
CoStar News
November 8, 2018 | 8:42 P.M.

Boston-based Longfellow Real Estate Partners has acquired a 12-building portfolio of office and lab properties in San Diego's Sorrento Valley neighborhood for $112 million, the latest sign of robust sales activity in the local market that is being spurred largely by rising demand among life science and other high-tech companies.

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