CrowdStreet: Rose Canyon Business Park

Real estate investment platform CrowdStreet announced an investment offering in a multitenant flex industrial property 9 miles north of downtown San Diego.

Rose Canyon Business Park is a 15-building, 150-suite business community spanning 38 acres. The property was acquired by sponsor Vertical Ventures in March at a 17% discount compared to the underwritten value in the previous year. The new owners plan to implement a comprehensive mark-to-market rent strategy to increase net operating income and overall performance of the property.

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