Irvine Company adds One Del Mar in San Diego

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.