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Lease for Murray Canyon offices

The lessee in the Deal of the Week was represented by Chris Musgjerd with Savills Studley Inc.. The lessor was represented by Emilie Cope with Newmark Grubb Knight Frank.


The deal was a lease by Broker Solutions Inc., dba New American Funding, for 7.5 years at $2,167,698 for 8,364 square feet at 1615 Murray Canyon Road, San Diego 92108. The lessor was Common Wealth Partners.

In October 2011, the two-tower, 433,320-square-foot Pacific Center office complex in Mission Valley -- at 1455 Frazee Road (Pacific Center I) and 1615 Murray Canyon Road (Pacific Center II), together with a six-level parking structure -- were sold for $115.9 million. The office buildings are each 10 stories and 216,660 square feet. In fall 2002, the two office towers were sold for $85.7 million.

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