The Irvine Company, adding to its image as San Diego’s biggest commercial office property landlord, announced that it has acquired One Del Mar, a 120,000-square-foot Class A office property in Del Mar Heights. The sales price was not disclosed.
The private Newport Beach-based company, wholly owned by Donald Bren, arguably the most wealthy real estate developer in the U.S., has added more than 1 million square feet to its San Diego office portfolio. In January, it purchased Gateway at Torrey Hills. In September 2017, the company acquired nearby Township 14.