Sale of Trophy 110-Unit Multifamily Group in Little Italy Neighborhood of San Diego Accomplished by Walker & Dunlop

Sale of Trophy 110-Unit Multifamily Community in Little Italy Neighborhood of San Diego Completed by Walker & Dunlop

SAN DIEGO, CA – Walker & Dunlop, Inc. announced that Alta, a newly constructed 110-unit community building in the coveted Little Italy neighborhood of San Diego, California, has completed the sale of Valentina.

Little Italy, dubbed Top Chef Alley, has become one of the most sought-after neighborhoods in San Diego with world-class restaurants, bars and cafes. The location has excellent access to six major highways and is 15 minutes from major San Diego employment centers. In addition, Valentina by Alta is only a few minutes' walk from Kilroy Realty's new 220,000 square meter office project on Kettner Boulevard and the planned 1.6 million square meter life science campus on the waterfront of the IQHQ.

Walker & Dunlop's real estate sales team consisted of Hunter Combs, Greg Engler and Blake Rogers. The team represented the seller Wood Partners, who acted as broker and advisor for the disposition. Mr Combs said, "We were thrilled to have played a role in selling this trophy asset to TA Realty." He added, "Wood Partners exceeded expectations for Valentina with condo-quality finishes, world-class amenities, sustained uninterrupted views of the bay, and outstanding performance throughout the lease. Investors clearly agreed as there were significant local, regional and local national interests. "

Valentina by Alta was completed in summer 2019 and is a first-class good. It has more than 15,000 square meters of equipment space. The communal facilities include a pool and pool house, terraces with sky and bay, a fitness center with yoga and spin studios, charging stations for electric vehicles, surfboard and bicycle storage, and a weekly happy hour.

Source: Walker & Dunlop


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