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18,752 SF Office Building in Kearny Mesa Sells for $7.65 Million, CAA Announces


KEARNY MESA, San Diego, CA (August 16, 2023) – The 18,752 SF Office Building located at 4933 Paramount Drive, San Diego, CA 92123 sold for $7,650,000 on August 14, 2023, Commercial Asset Advisors announced.


Brian Jenkins and Mike Conger of Commercial Asset Advisors represented the Seller. The Buyer represented by Glenn Arnold and John Espinosa of Voit Real Estate Services and Lee & Associates.


Mike and Brian were able to diligently identify and address unforeseen obstacles that arose during the transaction process. “While every transaction presents unique challenges, we were able to draw upon our past experiences and craft innovative solutions in order to ensure a smooth and successful transaction,” said Brian Jenkins.


CAA has represented multiple buyers and sellers in all product types this year all over San Diego County, demonstrating the firm’s ability to maximize values regardless of product type, location, or situation.


For additional information, you may contact:

Mike Conger, CAA Principal (DRE Lic. # 01381193), at mike@caacre.com. Brian Jenkins, CAA Principal (DRE Lic. #01814828), at brian@caacre.com


About Commercial Asset Advisors

Commercial Asset Advisors is a San Diego-based commercial real estate brokerage that specializes in serving the unique needs of individual private clients, as well as family offices, corporate, institutional, nonprofit and national organizations. As a full-service CRE firm, our team has assisted property owners from Central San Diego, North County, East County, South County and beyond to maximize the value of their investments including office, retail, industrial, apartment and multi—family, mixed-use projects, ground-up development tenant representation and much more. With experience earned through exceptional hard work, CAA has successfully completed over 1,500 sale and lease transactions totaling over $1.5 billion in consideration. CAA provides unmatched customer service and strategic advice in all areas, asset types, and transaction structures.


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