ALFA Partners Sells 47,000 SQFT Industrial Property in San Diego’s Interstate 15 Corridor for $13.7MM

San Diego – December 4, 2025 – CBRE has facilitated the $13.7 million [approximately $292 per square foot] sale of a freestanding, 46,936-square-foot industrial property at 12375 World Trade Drive in San Diego, Calif., to a 1031 buyer, Peer Properties-2 LLC.
 
CBRE’s Matt Pourcho, Sean Williams, Bill Dolan, Ryan Sparks and Anthony DeLorenzo represented the seller, ALFA Partners LLC, in the transaction.
 
“This was quite a bidding war with multiple offers from different buyer profiles, such as traditional investors, 1031 buyers, as well as owner-users. Ultimately, we sold the property to a 1031 buyer. While there was only a short-term lease in place, there is ample time to find a replacement tenant, and we only see this location growing, especially given the new Apple campus close by,” said Pourcho, executive vice president at CBRE.
 
The property features office space, a minimum clear height of 24 feet, heavy power, five oversized grade-level loading doors and a dock well with two dock loading positions.
 
Situated in the heart of the Interstate 15 (I-15) Corridor’s largest retail hub, the property offers a strategic location less than one mile from I-15, providing excellent access to over 1.2 million square feet of retail amenities.
 
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, digital infrastructure services); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.