Situated on 6.76 acres, the property consisted of three, three story buildings comprised of 139,336 square feet of office and medical space.
Douglas Wilson Companies (DWC), agent for Receiver, was tasked with preserving, protecting and managing the property.
DWC took possession, custody and control of the real and personal property collateral, performing the daily operations, maintenance and tenant relation functions. During the reporting period, exterior landscaping was updated and maintained, exterior window washing was scheduled and several repairs were made to the HVAC systems. DWC worked with the onsite building engineer to schedule elevator repairs and to honor the special request of tenants working on the weekends. DWC also coordinated the move out of tenant, County of San Diego.
The assets were stabilized, the servicer foreclosed and the Receiver was discharged.
Superior Court of the State of California, San Diego County
San Diego, CA
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.
1620 Fifth Avenue
San Diego, California 92101