Plaza Del Mar

12520 and 12526 High Bluff Drive, San Diego, Calif.

Plaza Del Mar is an approximate 117,500-square-foot multi-tenant office building located at 12520 and 12526 High Bluff Drive, San Diego, CA 92130. Built in 1986 and 1987, Plaza Del Mar I & II consists of two, three-story buildings situated on approximately 5.56 acres. Plaza Del Mar is currently 70% leased to approximately 35 tenants. Cruzan | Monroe’s asset strategy to reposition and stabilize the property are as follows: new progressive “spec” build-out for vacant suites, new landscape scheme, new signage, including wayfinding system, lobby / entry enhancement, exterior lighting enhancements, and parking lot slurry / stripe.

The Facts:

  • Site Acreage: 
    5.56
  • Square Footage: 
    117,500
  • Acquisition Date: 
    January 2012
  • Acquisition Price: 
    $34 M