MIG Sells Four Governor Park Office Property in San Diego for $11M ($212.23psf) to Cast Capital Partners

  • 9/17/2024

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MIG has completed the disposition of Four Governor Park, a two-building office property in San Diego. Cast Capital Partners acquired the asset for $11 million.

Situated on 2.7 acres, Four Governor Park includes a 21,715-square-foot building at 5080 Shoreham Place and a 28,521-square-foot building at 5090 Shoreham Place that are connect by a courtyard. At the time of sale, the property was 96 percent occupied by a mix of office tenants. The buyer plans to sell the individual units.

MIG Real Estate
Kevin Stiles | Director, Investments-Office
Cast Capital Partners
Brett Morris | Managing Partners-Brokerage/Capital Markets

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