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9955 Black Mountain RoadSan Diego, CA 92126
±39,852 SF FOR SALE OR LEASE
OFFERING MEMORANDUM
Newmark & Company Real Estate, Inc. d/b/a Newmark Grubb Knight Frank, a New York Corporation (the “Agent”) has been engaged as the exclusive sales representative for the sale of 9955 Black Mountain Road, San Diego, CA 92126 (the ”Property”).
The Property is being offered for sale in an “as-is, where-is” condition, and the Seller and the Agent make no representations or warranties as to the accuracy of the information contained in this Offering Memorandum. The enclosed materials include confidential information and are being furnished solely for the purpose of review by prospective purchasers (“Purchasers”) of the interest described herein for which it shall be fully and solely responsible. Neither the enclosed materials, nor any information contained herein, are to be used for any other purpose, or made available to any other person without the express written consent of the Seller. Each recipient, as a prerequisite to receiving the enclosed information, should be registered with the Agent as a “Registered Potential Investor” or as a “Buyer’s Agent” for an identified “Registered Potential Investor”. The use of this Offering Memorandum, and the information provided herein, is subject to the terms, provisions and limitations of the Confidentiality Agreement furnished by the Agent prior to delivery of this Offering Memorandum.
The material contained herein is based on information and sources deemed to be reliable, but no representation or warranty, express or implied, is being made by the Agent or the Seller or any of their respective representatives, affiliates, officers, employees, shareholders, partners, and directors, as to its accuracy or completeness. Summaries contained herein of any legal or other documents are not intended to be comprehensive statements of the terms of such documents, but rather only outlines of some of the principal provisions contained therein. Neither the Seller nor the Agent shall have any liability whatsoever for any other written or oral communication or information transmitted, or made available, or any action taken, or decision made by the recipient with respect to the Property.
The Seller reserves the right, at its sole and absolute discretion, to withdraw the Property from the market for sale at any time and for any reason without notice, to reject any and all expressions of interest or offers regarding the Property, and/or to terminate discussions with any entity at any time, with or without notice. This Offering Memorandum is made subject to omissions, correction of errors, change of price or other terms, prior sale or withdrawal from the market without notice. The Agent is not authorized to make any representations or agreements on behalf of the Seller. The Seller shall have no legal commitment or obligation to any recipient reviewing the enclosed materials, performing additional investigation, and/or making an offer to purchase the Property unless and until a binding written agreement for the purchase of the Property has been fully executed, delivered, and approved by Seller and any conditions required under the contract for title to pass from the Seller to the buyer have been satisfied or waived.
By taking possession of and reviewing the information contained herein, the recipient agrees that (a) the enclosed materials and their contents will be held and treated in the strictest of confidence; and (b) the recipient shall not contact employees, contractors, subcontractors or lien-holders of the Property directly or indirectly regarding any aspect of the enclosed materials or the Property without the prior written approval of the Seller or the Agent; and (c) no portion of the enclosed materials may be copied or otherwise reproduced without the prior written authorization of the Seller or the Agent or as otherwise provided in the Confidentiality Agreement executed and delivered by the recipient(s) to Agent.
01Executive Summary
02Property Description
03Area & Market Overview
01Executive Summary
6
THE OFFERING
100% FEE SIMPLE INTEREST IN 9955 BLACK MOUNTAIN ROAD, A STAND-ALONE FLEX / MANUFACTURING BUILDING LOCATED IN SAN DIEGO’S PREMIER INDUSTRIAL SUBMARKET, MIRAMAR IN CENTRAL SAN DIEGO.
9955 Black Mountain Road is an approximately 39,852 sf state-of-the-art R&D Flex building in Miramar. The property has been occupied by Marcoa Media, a print & publishing company as its Headquarters. The facility features a highly professional image; articulated by an extensive glass line, excellent signage visibility, and frontage on the corner of Black Mountain and Maya Linda Rd. Additionally, the interior office improvements feature upgraded lighting, floor-to-ceiling glass conference rooms, a lavish reception room and a balance of open-bullpen seating, private offices and 100% HVAC warehouse space. The project benefits from accessibility from 2 roads which improves truck access and vehicular circulation.
The Miramar submarket consists of 14.5 million square feet and is located in the heart of San Diego County separated from Kearny Mesa by Marine Corps Air Station Miramar. The submarket is home to premiere industrial occupiers such as Amazon, Orbital ATK, Penske Logistics, OnTrac and FasTrucking. Miramar is regarded as one of the strongest industrial markets in the Greater San Diego area. This area attracts big box, warehouse distribution, multi-tenant industrial, R&D and small to mid-sized entrepreneurial light manufacturing type tenants. Miramar is the second largest industrial submarket in San Diego and is ideal for companies who desire a central location with access to Interstate 805, Interstate 5 and Interstate 15. I-805 and I-5 are the two major north/ south freeways serving Southern California.
2000Year Built
IL-2-1Zoning
TwoStories
1.80Site Area (Acres)
39,852Total RSF
OneFlex Building
9955 Black Mountain RoadSan Diego, CA 92126Address
100%Climate Controlled Warehouse
79955 BLACK MOUNTAIN ROAD
02Property Description
10
SITE DESCRIPTION
BUILDINGImproved with a two-story, industrial/office building.
SIZE AND SHAPE
The subject parcel has an area of 1.80 acre (78,408 SF) and is slightly irregular in shape.
ACCESS
The subject neighborhood has good access via Miramar Road to Interstate 805 to thewest and Interstate 15 to the east. Mira Mesa has an efficient network of arterial andsecondary roads. Circulation is convenient throughout the community, and accessto neighboring areas is convenient via the freeways. As with the rest of San Diego, traffic problems can be common during rush hours.
PARKINGThe parking and driveway areas are asphalt paved. Parking availability is 2.5 spaces/1,000 SF
CONFORMANCEThe subject lot is a legal conforming lot, and the improvements also appear to conform to zoning regulations.
ZONING The subject is zoned IL-2-1: Industrial Light (city of San Diego). The purpose of the
IL zone, per the municipal code, is to “provide for a wide range of manufacturing
and distribution activities. The development standards of this zone are intended to
encourage sound industrial development by providing an attractive environment
free from adverse impacts associated with some heavy industrial uses. The IL zones
are intended to permit a range of uses, including non-industrial uses in some
instances.” This zone allows for a mix of light industrial and office uses with limited
commercial uses.
SITE UTILITYThe site has all of the physical characteristics required by industrial and office users including functional dimensions, a graded level pad area, and good access to the freeway system.
PROPERTY SUMMARY
PROPERTY DESCRIPTION
9955 Black Mountain Road is an approximately 39,852 sf two-story flex Manufacturing building. The building is centrally located toward the I-15 freeway, allowing easier county-wide access, in addition to ideal proximity to retail amenities, housing opportunities and schools.
Address9955 Black Mountain Road San Diego, CA 92126
Total RSF 39,852 SF
Ownership Type Fee Simple
Site Area 78,408 SF
Roof Flat, built up
Grade-Level Loading One (1)
Dock-High LoadingOne (1) Position *Convertible from existing Grade position
Year Built 2000
Assessor Parcel Number 341-330-31-00
Zoning IL-2-1
Power 2000 Amps / 480 Volts
119955 BLACK MOUNTAIN ROAD
UTILITIESAll public utilities including natural gas, electricity, telephone, water and sewer are connected to the site.
ON-SITE IMPROVEMENTSThe site has clean landscaping including small trees, shrubs, and grass.
STREET IMPROVEMENTSPainted drywall in office areas. Mix of exposed concrete and painted drywall in the warehouse areas
INTERIORSDropped acoustic and painted drywall in office areas; exposed wood with metal trusses in warehouse area. Clear height is 24 Feet. Standard fluorescent and incandescent lighting. Full HVAC in office areas
WINDOWSWindows are typically single-glazed aluminum framed units.
DOORSThe main entry doors consist of glass with aluminum frame.
UTILITY PROVIDERS
ElectricSDG&E
Water/SewerCity of
San DiegoGas
SDG&E
May
a Li
nda
Rd
Black Mountain Road
Black Moutnain Rd
SITE PLAN
12
139955 BLACK MOUNTAIN ROAD
FLOOR PLAN
1ST FLOOR 2ND FLOOR
03Area & Market Overview
16
Ballast Point Brewing
Ballast Point Tasting Room
9955BLACK MOUNTAIN
ROAD
179955 BLACK MOUNTAIN ROAD
Ballast Point Brewing
Ballast Point Tasting Room
7220 Trade Street is located in the Miramar submarket, which is an in-fill, land constrained market in Central San Diego County. The submarket is bound by I-805 to the west and I-15 to the east with Highways 52 and 56 only minutes away giving tenants quick access to San Diego’s biggest freeways. 7220 Trade Street is in close proximity to Miramar Road which serves as the submarket’s major retail corridor. The five-mile strip offers a dense mix of retail, casual dining restaurants and other retail service shops along with the Marine Corp Air Station directly to the south. The area is a preferred corporate location due to its centralized location providing convenient regional access for San Diego’s large and diverse labor force. Notable corporate tenants surrounding include AT&T, Qualcomm, Alere, Time Warner Cable, Sharp Healthcare, DirectTV and SDG&E. Given the strong presence of a multitude of breweries such as Ballast Point, Alesmith, Saint Archer, Hess and Rough
Draft, and a growing market for entertainment such as the Miramar Speed Circuit, Miramar Golf Course, Vertical Hold and Rockin’ Jump, Miramar has become a destination location. Employers looking to create an experience for their employees and gain an edge in their recruitment of millennials are recognizing Miramar as a desirable alternative to move to from the surrounding submarkets. Due to the limited supply of development land, the future supply of office is extremely restricted which will benefit property owners. The submarket totals 1,333,185 square feet and is comprised of 25 office buildings and is further broken down by 2 Class A, 10 Class B and 12 Class C office buildings. Class B net absorption outperformed Class A & C combined in Q4 2015, in addition Class B posted 47,516 sq. ft. of positive net absorption in 2015 compared to 30,598 sq. ft. and 19,833 sq. ft. for Class A & C, respectively.
RESTAURANTS 1. Applebee’s2. Buca Di Beppo3. Burger King4. Carl’s Jr.5. Chili’s6. Cold Stone Creamery 7.Cotixan Mexican Food8. Denny’s9. Donovans10. Eureka Burgers11. Fuddrucker’s12. In-N-Out13. Islands Burgers14. Jamba Juice15. Jersey Mikes16. Karl Strauss Brewing Co17. KFC
18. La Jolla Strip Club-A-Steak19. McDonald’s20. Mimi’s Cafe 21. On The Border22. Orchid Thai23. Panera Bread24. Pat & Oscar’s25. Quiznos26. Robeks27. Sammy’s Wood Fired Pizza28. Seasons 5229. Starbucks30. Subway31. Subway32. Subway33. Togo’s Eatery 34. Togo’s Eatery35. Yoshi Sushi
RETAIL 36. Apple Store37. Ashley Furniture38. Barnes & Noble 39. Bath & Body Works40. Best Buy41. Coach42. Crate & Barrel43. Cricket44. Discount Tire45. Eddie Bauer46. Goodyear47. Kohl’s48. Macy’s49. Mattress Discounters50. Men’s Warehouse51. Nordstrom52. Office Depot
53. Old Navy54. Ortho Mattress55. Pottery Barn56. Sleep Train Mattress57. Starbucks58. Williams-Sonoma
GROCERY60. Bristol Farms61. Trader Joe’s62. Von’s
OTHER66. 7-Eleven67. Great Clips68. Residence Inn69. Major National Bank
ENTERTAINMENT-Saint Archer Brewery -Alesmith Brewing Company-Hess Brewing Company-Green Flash Brewing Company-White Lab Tasting Room -Rough Draft Brewing Company -Ballast Point Brewery -The Paintball Park at Miramar-Goldenstate Paintball and Airsoft-Vertical hold Sport Climbing -Sky Zone
MARKET AREA AMENITIES
SUBMARKET TOTALS
1,333,185 SQ. FT.
25 OFFICEBUILDINGS
SURROUNDING CORPORATE TENANTS:
MIRAMAR OFFICE OVERVIEW
Miramar Class B Office Ave.Asking Rate = $1.94/psf + E.
9955BLACK MOUNTAIN
ROAD
MIRAMAR AREA OVERVIEW
9955 Black Mountain Road is located in the Miramar submarket, which is an in-fill, land constrained market in Central San Diego County. The submarket is bound by I-805 to the west and I-15 to the east with Highways 52 and 56 only minutes away giving tenants quick access to San Diego’s biggest freeways. 9955 Black Mountain Road is in close proximity to Miramar Road which serves as the submarket’s major retail corridor. The five-mile strip offers a dense mix of retail, casual dining restaurants and other retail service shops along with the Marine Corp Air Station directly to the south. The area is a preferred corporate location due to its centralized location providing convenient regional access for San Diego’s large and diverse labor force.
Notable corporate tenants surrounding include AT&T, Qualcomm, Alere, Time Warner Ca-ble, Sharp Healthcare, DirectTV and SDG&E. Given the strong presence of a multitude of breweries such as Ballast Point, Alesmith, Saint Archer, Hess and Rough Draft, and a growing market for entertainment such as the Miramar Speed Circuit, Miramar Golf Course, Vertical Hold and Rockin’ Jump, Miramar has become a destination location. Employers looking to create an experience for their employees and gain an edge in their recruitment of millennials are recognizing Miramar as a desirable alternative to move to from the surrounding submarkets.
Due to the limited supply of development land, the future supply of office and industrial is extremely restricted which will benefit property owners.
9955BLACK MOUNTAIN
ROAD
18
199955 BLACK MOUNTAIN ROAD
MIRAMAR INDUSTRIAL SUBMARKET OVERVIEW*
Current 5-Year Average
Size of Market 2,400,324 SF 2,404,295 SF
Current Vacancy 1.5% 3.9%
Vacant SF 35,166 93,408
Current Average Rent $1.09/SF $0.94/SF
Month on Market 2.0 3.6
12 Mo. Construction Starts 0 0
Source: Costar*Industrial buildings > 15,000 SF
20
“San Diego is a vacationer’s paradise, complete with idyllic year-round temperatures
and 70 miles of pristine coastline. Recognized as one of the nation’s leading family
destinations, with SeaWorld, LEGOLAND, and the Zoo, San Diego is equally attractive to those in search of art, culture, world-class
shopping and culinary exploration.Fodor’s.”
SAN DIEGO AREA OVERVIEW
San Diego County’s nearly perfect year-round weather combined with a dynamic economy make the region one of the most desirable places to live and work in the United States. San Diego’s quality of life and burgeoning economy attract residents, businesses, and visitors from around the world. San Diego ranked as the top city to relocate to according to a poll commissioned by the American Planning Association in 2014. With a total population over 1.3 million, San Diego is the second largest city in California behind Los Angeles and the eighth largest city in the United States. At approximately 3.2 million people, San Diego County is the second largest county in the state and the fifth largest county in the country.
Economic Overview
San Diego’s economy is outperforming the nation’s, and expansion is more balanced than in any of the 27 other metropolitan areas and divisions in California. The percentage of industries adding jobs is higher than anywhere else in the state, and the quality of jobs being created is more balanced than nationally.
San Diego County’s nearly perfect year-round weather combined with a dynamic economy make the region one of the most desirable places to live and work in the United States. San Diego’s quality of life and burgeoning economy attract residents, businesses, and visitors from around the world. San Diego ranked as the top city to relocate to according to a poll
commissioned by the American Planning Association in 2014. With a total population over 1.3 million, San Diego is the second largest city in California behind Los Angeles and the eighth largest city in the United States. At approximately 3.2 million people, San Diego County is the second largest county in the state and the fifth largest county in the country.
“San Diego is one of the most diversified economies in the nation and over the last two decades has
developed its own progressive identity as a leader in telecommunications, life sciences/biotechnology, defense
development, technology, sustainable energy and electronics manufacturing.”
219955 BLACK MOUNTAIN ROAD
TELECOMMUNICATIONS
The telecommunications industry in San Diego is at the forefront of wireless technology innovation with an annual economic impact of $11.5 billion. Telecommunication giants Qualcomm, Kyocera, Sony, Intel, Sun Micro- Systems, Oracle, Ericsson, Motorola, LG, Hewlett Packard, Cisco Systems and Nokia all have local operations, helping to position San Diego as the wireless capital of the world.
TECHNOLOGY
The San Diego region has one of the highest concentrations of high-tech companies in the nation. According to Connect, San Diego has over 7,000 technology-based companies, which provide nearly 148,000 high-paying jobs and has now surpassed 2008 job numbers. San Diego’s tech economy showed strong growth in 2014, adding almost 4,500 jobs since 2013. Tremendous growth in the region’s software and computer services segment have established San Diego as a national leader in computer software, programming, systems integration, data processing, and other related computer services. San Diego ranks highly in seven different technology sectors according to a National University System Institute for Policy Research study
BIOTECHNOLOGY
San Diego’s biotechnology cluster is the third largest concentration of life science companies in the United States behind San Francisco and Boston. Over 600 biotech companies in San Diego County employ more than 42,000 people and generate approximately $7.5 billion annually. As a national leader in biotechnology and life sciences, San Diego has one-fourth of California research institutes and captured more than 24% of National Institute of Health (NIH) funding. In 2014 the NIH Grant Funding in San Diego totaled over $989 million, ranking San Diego the #1 County in California for NIH research awards. Major bioscience firms include Pfizer, Life Technologies, Illumina, Amylin, Gen-Probe, ResMed and Ionis Pharmaceuticals.
VENTURE CAPITAL & NEW BUSINESS
San Diego was named the best place in the United States to launch a startup or small business in 2014 by Forbes. According to Connect’s 2014 Innovation Report, 446 startups opened their doors in 2014, which created 1,860 new jobs, a more than 50% increase over the number of new jobs created by start-ups in 2013 and 2012. Venture capital investment in San Diego totaled $805 million in 2014, up 10% from 2013. In 2013, the San Diego region ranked ninth in the nation (the “Midwest” was eighth) in the amount of venture capital invested – much of it going to the biotechnology sector (more than 60%).
22
TOP RESIDENTIAL REAL ESTATE MARKET IN THE U.S.
San Diego has always lured residents with its coastal location, temperate climate, and outstanding amenities. With the reset in housing prices and an economy that has outperformed most of California, the local housing market has been bolstered in part by a positive net migration of citizens from other parts of the US and from around the world. Based on the Case Shiller Index in September 2015, the total value of San Diego County single-family homes increased 6.4% from September 2014.
DEFENSE
A major aspect of San Diego that separates it from other metros is its large military presence, which is actively expanding locally. San Diego is home to the world’s largest concentration of military personnel and defense contractors. San Diego’s military economy represents 22% of all economic activity in the region, and Department of Defense spending translates into more than 302,000 jobs in the County. Defense-related spending contributes $24.6 billion to the regional economy. Much of the defense work performed in San Diego’s office market involves highly coveted unmanned systems that the Department of Defense has stated its desire to protect. The largest defense employers include Science Applications International Corporation (SAIC), Northrop Grumman, SPAWAR, Lockheed Martin, Titan Corporation, General Atomics and General Dynamics.
MANUFACTURING
Manufacturing remains the largest economic sector with the makers of electronics, computers, industrial machinery, aerospace, ships, and instruments leading local production. San Diego County exported $18.6 billion worth of goods around the world in 2014, an increase of about $700 million from the previous year, according to the U.S. Department of Commerce. The total economic impact of output for manufacturing is over $7.0 billion. In May of 2014, San Diego was chosen as part of the Southern California Designation to participate in the Investing in Manufacturing Communities Partnership (IMCP), an initiative designed to revolutionize the way federal agencies leverage economic development funds
TOURISM
As the No. 4 Convention City in the country according to Cvent (and the only West Coast city to make the top 10 list) and the 10th most visited city in America according to Forbes, San Diego is a coveted destination for domestic and international travelers. San Diego welcomed over 33 million visitors in 2014 that had a total regional impact of $15.2 billion, a jump of 9.7 percent from the prior year. Visitor growth is forecasted to rise over 3.3 percent in 2015 followed by 2.6% and 2.1% in 2016 and 2017 currently in the planning stages of a $520 million expansion meant to provide an additional 740,000 square feet of convention space. The expansion is expected to create 7,000 permanent jobs and bring $700 million a year to the economy. Following the expansion, San Diego’s exhibit hall will be the largest on the West Coast. San Diego Convention Center is projecting a record $708M in direct attendee spending to be generated from a total of 108 events slated for 2016.
239955 BLACK MOUNTAIN ROAD
SAN DIEGO-CARLSBAD METRO DEMOGRAPHICS
3,344,1852018 Estimated
3,499,8782023 Estimated
0.94%2010-2018
0.91%2018-2023
35.72018 Median
38.32018 Median US
$101,3732018 Estimated
$120,0272023 Estimated
POPULATION
GROWTH
AGE
HOUSEHOLDINCOME
TOP PORT IN CALIFORNIA
The Port of San Diego is the fourth-largest of 11 deep water ports in California and the top port in the state for the movement of breakbulk cargo. The Port of San Diego has an annual economic impact of $4.4 billion and is comprised of 3,415 acres of land and 3,402 acres of water. The port’s top trading partners include China, Japan, Mexico, Canada, Korea, Australia, Chile and the Pacific Northwest. Top imports include dry bulk such as cement and sand, breakbulk such as lumber and wind turbine products, automobiles and liquid bulk such as diesel and jet fuel. Top exports include dry bulk and automobiles.
MOST HIGHLY TRAVELED NON-MILITARIZED BORDER IN THE WORLD
The San Ysidro border crossing in San Diego South County is the most highly traveled non-militarized border in the world. According to the Bureau of Transportation Services, over 50,000 vehicles and 25,000 pedestrians cross the border from Mexico into the United States through the San Ysidro border crossing each day. San Diego and Tijuana have grown physically closer as infrastructure and processing improvements allow the average motorist to get through a checkpoint in about 30 minutes, down from more than two hours a year ago. Conversely, San Diego serves as a gateway to Mexico, capitalizing on NAFTA trade agreements and expanding imports through factory operations on both sides of the border. Mexico and NAFTA are key factors in San Diego’s economic prosperity, and export production/growth. International trade accounts for more than one-third of San Diego manufacturing dollars. San Diego has been able to generate new manufacturing jobs while other regions across the country have seen manufacturing operations move offshore.
A cross-border pedestrian bridge, The Cross Border Xpress, linking San Diego with Tijuana’s A.L. Rodriguez International Airport recently opened. The $120-million project created an enclosed bridge that allows passengers to park in United States and fly from Mexico. The project is the first of its kind to connect a U.S. facility with a foreign air terminal.
Source: Claritas, California Employment Development Department, Data Quick, Bureau of Economic Analysis, U.S. Dept. of Commerce, National University System Institute Policy Research, San Diego Military Advisory Council, South County Economic Development Council, Fermanian Business & Economic Institute, San Diego Tourism Authority, BIOCOM, CleanTECH San Diego, California Research & Policy Center, PricewaterhouseCoopers, National Institute of Health, San Diego Business Journal, Moody’s Analytics
24
CURRENT ON-MARKET OPTIONS
Property Property Size
Property Type Price Price/SF Notes:
9955 Black Mountain Rd 39,852 Flex $7,372,620 $185 For sale as an owner-user flex/manufacturing opportunity.
1
9431 Dowdy Drive 55,200 Flex $11,000,000 $199 For sale as an owner-user opportunity.Half leased to Reprohaus, providing greatincome to Buyer.
2
8470 Redwood Creek Ln 8,160 Flex $2,203,200 $270 For sale as an owner-user purchaseopportunity. This is part of a PID projectand shares parking with other buildingswithin the project.
3
9125 Rehco Rd 60,786 Flex $12,157,200 $200 For sale as an owner-user manufacturingflex opportunity. Square footage includespartial second floor.
4
9877 Waples St 62,392 Flex $13,414,280 $215 For sale as an owner-user manufacturingflex opportunity. Square footage includespartial second floor.
5
9600-9606 Kearny Villa Rd 37,882 Flex $7,576,400 $200 For sale as an owner-user manufacturingflex opportunity. Square footage includespartial second floor.
6
9225 Brown Deer Rd 15,677 Flex $3,650,000 $232 For sale as an owner-user manufacturingflex opportunity. Square footage includespartial second floor.
Average Asking Price/SF $219
SUBJECT
259955 BLACK MOUNTAIN ROAD
1
2
3
5
4
56
163
5
805
15
9955 BLACK MOUNTAIN ROAD± 39,852 SF FOR SALE OR LEASE
4655 Executive Drive, Suite 800, San Diego, CA 92121 T. 858.875.3600 Corporate CA RE License # 01355491
The broker for a purchaser of the property shall be entitled to receive a real estate commission only in the event that broker and the property’s owner execute a written commission agreement, containing the manner of calculation of that commission and all conditions to its payment, and the satisfaction of those conditions. Absent a written agreement to the contrary between that broker and NGKF, that broker shall not look to NGKF for payment of such a commission or any other compensation. Although all information furnished regarding property for sale, lease, or financing has been obtained from sources deemed to be reliable, that information has not been verified by NGKF and no express representation is made nor is any to be implied as to the accuracy thereof. That information is subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by NGKF’s client.
EXCLUSIVELY LISTED BY
PAUL BRITVARDirectorCA RE License #[email protected]
BRENT BOHLKENSenior Managing DirectorCA RE License #01022607 858.875.3616 [email protected]
JUSTIN MAIOLOAssociateCA RE License #01910958858.875.3615 [email protected]
San Diego, CA 92126
