Partnership Buys Pacific Beach Parcels for $4 MillionTuesday, September 10, 2013
A partnership that includes locally based Caster Properties Inc. and The Focus Group has purchased seven land parcels in Pacific Beach, totaling 88,000 square feet, for $4 million.
Brian Caster, CEO of Caster Properties, said the company plans to develop its newest location of A1 Self Storage at the Garnet Avenue site, which would be its 18th location in the San Diego region.
The buying entity, A1PB LP, purchased the parcels at 2736 Garnet Ave. from Browar Family Trust, according to commercial real estate services company Flocke & Avoyer, which represented the buyer. The seller was represented by Bitterlin Cos. Inc.
— SDBJ Staff Report