5717 Pacific Center Blvd.

Sorrento Mesa

67,832 square feet, Office

Recently purchased by Montana Avenue Capital Partners, LLC, based in Santa Monica, due to its potential for attractive risk-adjusted return on equity, this once single-tenant, corporate-headquartered, Qualcomm-occupied Class B office building will undergo a complete transformation. Built in 2001 and renovated in 2005, Meissner Jacquét Commercial Real Estate Services was retained by ownership to provide commercial property management services and assist in the repositioning of the vacant 2-story building into lifestyle multi-tenancy workspaces complete with Wi-Fi, upgraded exteriors and landscaping, renovated lobbies and restrooms, and an increased parking ratio.

9420 – 9440 Cuyamaca Street

Santee

63,987 square feet, Retail

Meissner Jacquét assumed management of the 63,987 square foot neighborhood center owned by CNA Enterprises, Inc., a real estate investment and advisory firm headquartered in Los Angeles. This large institutional owner maintains the multi-tenant retail storefront located in the Santee submarket as their only retail project in San Diego due to its moderate to significant appreciation potential. After interviewing various local commercial property management firms, Meissner Jacquét won the contract due to their experience managing grocery-anchored shopping centers located throughout San Diego County. Meissner Jacquét provides day-to-day property management operations to this historically well-leased retail center with long tenancy terms.

1350 Columbia Street

Downtown

68,516 square feet, Office Condo

In April, Meissner Jacquét Commercial Real Estate Services takes over management of MetroWork Condominium Association, AKA 1337 India Street, to provide commercial association management to the 35-tenant, 68,516 square foot, Class B, office loft/creative space condominium building built in 2007. This 9-story high-rise is 96% leased and located in the highly sought-after Downtown submarket of San Diego with excellent walkability and access to transit. Meissner Jacquét will assist the Associations’ Board of Directors in the resolution of several construction defects that are pending in the project, in addition to providing association management services that include Board communication, vendor contract services, review of Governing Documents, executing the Board-approved annual operating budget, conducting Board meetings, and providing prompt accounting functions and financial reporting.

9797 Aero Drive

Kearny Mesa

92,463 square feet, Office

This previously outdated, single-tenant office space underwent a renovation that redesigned the building into a multi-tenant, creative office use. Ownership, AVID Center, sought Meissner Jacquét Commercial Real Estate Services to provide the commercial property management due to their local expertise with owner-occupied assets. Meissner Jacquét functions as the intermediary between AVID and the tenants in order to maintain high occupancy levels and hold the property to Class-A standards so ownership can focus on their core business.

7606 – 7776 Trade Street

Mira Mesa/Miramar

233,731 square feet, Industrial

Trepte Industrial Park, LTD, ownership of this historically well-leased, multi-tenant, 4-star, industrial warehouse, decided to outsource the commercial property management to Meissner Jacquét Commercial Real Estate Services due to ownership’s out-of-state location and Meissner Jacquét’s ability to provide a local, advisory role to ownership regarding the asset. Commercial real estate management operations include preventative maintenance of the 233,731 square foot industrial park and maintaining superior tenant satisfaction.