A constitution college group has bought a vacant six-acre campus in Oceanside for $11.8 million, a brokerage introduced.
The 99,968-square-foot website, at 1305-1320 Union Plaza Court docket, consists of 4 low-rise workplace buildings in a cul-de-sac. The Classical Academies, a bunch of California Public Constitution Colleges primarily based in Escondido, purchased the property through an LLC, Partnering with Dad and mom, in line with Cushman & Wakefield.
Peter Curry, Jason Kimmel and Tim Winslow represented the vendor, Dawn Capital, LLC. Jon Walters and Jim Benson of Kidder Mathews represented the customer.
The location, in line with on-line data, as soon as was dwelling to San Diego County places of work for social companies, together with the Well being and Human Providers Company and Little one Welfare.
Peter Curry, Cushman & Wakefield’s managing director, referred to as it “a uncommon alternative” to accumulate such a property, situated a few mile from the seaside, that additionally gives “simple accessibility for folks, college students and employees.”
“And the land dimension, structure and performance of this former longstanding workplace property appears very effectively suited to help the wants of a faculty campus use and create an awesome studying atmosphere,” Curry stated.
The property, surrounded by residences, features a proposed 295-unit upscale multifamily mission. There’s additionally retail, restaurant and buying close by, in addition to mass transit choices.