Home Finance Sukut Real Properties Pays $26.5MM for 72,000 SQFT 5&52 Business Park in San Diego, Leased to Defense Tech Firms
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Sukut Real Properties Pays $26.5MM for 72,000 SQFT 5&52 Business Park in San Diego, Leased to Defense Tech Firms

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Courtesy of Ryan Parker on Unsplash
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Santa Ana-based Sukut Real Properties has acquired the fully leased 5&52 Business Park in San Diego's Rose Canyon submarket from Parallel Capital Partners and Long Wharf Capital for $26.5 million, an 83 percent premium over what the sellers paid for the then-vacant buildings two years ago, after a renovation that drew autonomous-systems makers Seasats and Applied Intuition.

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