Situated on a 4.59 acre elevated site with ocean views and visibility along Interstate 5, the property consists of two, three story buildings comprised of 75,422 rentable square feet of office and medical space.

Project Description

Douglas Wilson Companies (DWC), agent for Receiver, was tasked with preserving, protecting and managing the property.

Scope of Work

DWC took possession, custody and control of the real and personal property collateral, performing the daily operations, maintenance and tenant relation functions. DWC secured contracts from roofing, landscape, controls and building engineering contractors to assure continuity of operations of the property. Additionally, DWC retained third party brokerage services to provide marketing and leasing services.

Project Resolution

The assets were stabilized, the servicer foreclosed and the Receiver was discharged.

Project Name

Paseo Del Norte

Client

Superior Court of the State of California, San Diego County

Location

San Diego, CA

Service Provided

    Douglas Wilson Companies was founded in 1989 to provide a wide range of specialized business, workout, and real estate services to law firms, state and federal courts, corporations, partnerships, pension funds, REITs, financial institutions, and property owners throughout the United States.

    ADDRESS

    1620 Fifth Avenue
    Suite 400
    San Diego, California 92101

    PHONE

    (619) 641-1141

    EMAIL

    info@douglaswilson.com