Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting to read:%0A%0A {0} %0A%0A {1}

Single-Tenant Industrial Facility in San Diego Sells to Hawaii-based High Net Worth Investor for $7.5 Million

SAN DIEGO, Calif., October 15, 2020 – Cushman & Wakefield announced today the firm has represented Stos Partners in the disposition of a 27,510-square-foot, single-tenant industrial asset in Miramar (San Diego), California.

8330 Arjons

The asset is 100% leased and was acquired by a private High Net Worth Investor based in Hawaii for $7.525 million. Cushman & Wakefield’s Bryce Aberg and Zach Harman represented the seller in the transaction. Brant Aberg of the firm also provided Leasing Advisory.

CJ Stos, MRED, Principal of Stos Partners said, “We saw a great opportunity to acquire the asset last summer and then completed a full renovation to make the facility much more appealing and functional to a wide range of tenants. This strategy enabled us to then successfully fully lease the property to a San Diego-based manufacturer of sustainable design materials on a long-term basis, whereby stabilizing the asset to create value for a new investor to purchase the building.”

“Given its still solid market fundamentals, we continue to see demand from investors from all over for high quality industrial product in San Diego, particularly those with credit tenancy,” said Bryce Aberg, Vice Chairman. “With a secure long-term tenant and a prime location in a preferred submarket, the renovated property now reflects a best-in-class asset in Central San Diego, one of the most difficult markets in San Diego to acquire or develop new buildings—the market is essentially built-out and land costs are significantly higher than in the secondary markets.”

Located at 8330 Arjons Dr, the facility is situated on approximately 1-acre and is positioned near Interstates 15 and 805 and the CA-163 freeway, providing convenient access throughout San Diego County, the San Diego International Airport, and the Port of San Diego.

About Cushman & Wakefield 

Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 50,000 employees in over 400 offices and approximately 60 countries. In 2021, the firm had revenue of $9.4 billion across core services of property, facilities and project management, leasing, capital markets, and valuation and other services. To learn more, visit or follow @CushWake External Link on Twitter.

Media Contact

Joshua Deale San Diego Communications Manager
Joshua Deale

Communications Manager • Costa Mesa

Mr. Deale leads strategic media relations and thought leadership efforts for the West Region markets, and oversees their online presence including managing article and social media efforts.

With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on  Cookies

More Options
Agree and Close
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All