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SAN DIEGO — The Casey Brown Co. has purchased the San Diego Union-Tribune property for $52 million. The asset is located at 350 Camino de la Reina in the San Diego submarket of Mission Valley.
The property contains a 170,000-square-foot office building and a 190,000-square-foot industrial building that formerly served as the newspaper’s printing facility. Casey Brown plans to upgrade the existing office building into an amenity-rich, Class A corporate campus.
The industrial building is currently being evaluated for alternative uses. The site was also recently entitled for 200 apartment units.
The seller, Doug Manchester, was the former publisher of the Union-Tribune. CBRE will handle leasing the property.