Deal of the Week

December 30, 2011

January 3, 2012

January 6, 2012


Rancho Bernardo building sold

The Deal of the Week was the sale of the 165,000-square-foot, flex/R&D/industrial building in Rancho Bernardo at 16550 Via Estrillo, for $26.5 million.


The buyer was Soitec Solar Industries LLC, a French manufacturer of electrical semiconductor materials. The property will be the company's new North American solar manufacturing headquarters. When operational in late 2012, the 176,000-square-foot facility will produce Soitec's proprietary Concentrix concentrated photovoltaic technology solar modules.

The seller of the property was Sony Electronics Inc. (NYSE: SNE).

The one-story building was constructed on a 12.13-acre lot and has a dozen dock-high loading doors, one grade-level door and 27-foot clear ceiling height.

The building consists of 70 percent mostly open office/R&D areas, 30 percent warehouse and a 16,000-square-foot mezzanine storage area. The lot has 250 parking spaces.


December 30, 2011

January 3, 2012

January 6, 2012

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