Technology Advancements Influence Commercial Real Estate Demand

June 12, 2017
Posted in Case Study
June 12, 2017 MeissnerJacquet

Parkway Center Two

14145 Danielson Street


117,354 square feet, Industrial

The fully-leased 14145 Danielson Street industrial building sold in May to new corporate-user Sorrento West Properties Inc., a real estate holdings entity of San Diego-based General Atomics, for $20 million according to CoStar. Meissner Jacquét’s valued commercial real estate industry associations and relationship with the previous owner, also a current client, prompted the new ownership to retain Meissner Jacquét as the property management service provider.

Meissner Jacquét provides commercial real estate management services to the property’s tenants, Mitchell 1 and General Atomics, including maintaining the property’s 7.21 acres and managing vendor contracts. General Atomics does manufacturing, research and development related to technologies including unmanned aircraft systems, surveillance and radar imaging. It is a prominent contractor in the defense, aerospace and related industries.