One of two La Jolla Buildings Sold for nearly $9M
Photo courtesy of Colliers International

One of two La Jolla Buildings Sold for nearly $9M Photo courtesy of Colliers International

The La Jolla building that is home to the landmark Harry’s Coffee Shop and an adjacent building have been sold for a combined price of nearly $9 million.

Harry’s and the retail shop of Everett Stunz at7545-7553 Girard Ave. will remain in place under the new owner, said Bill Shrader of Colliers International San Diego Region’s Urban Property Team.

The new owner of the 7,649 square-foot building is John F. Jaeger and Joanne S. Jaeger Revocable Trust and Christian M. Jaeger Irrevocable Trust.

Shrader represented the seller of both buildings, Rancho Girard, LLC. He also represented the buyer of the 6,411 square-foot building at 7527-7535 Girard Ave., YDNL, LLC. Tenants are Dewhurst & Associates and Salon Spruce.

Michael McNally of Pacific Commercial Management represented the buyer of 7545-7553 Girard Ave.

“Girard Avenue is one of La Jolla’s iconic, main thoroughfares with high visibility and foot traffic,” Shrader said. “These two properties, in the heart of one of San Diego’s most affluent neighborhoods, represent significant investments with long-term growth potential for the new ownership.”

Real estate reporter Ray Huard may be reached at rhuard@sdbj.com or 858-277-8904.