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Biggest Sale of the Year!

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by Barry Estates
December 16, 2016

We are proud to have represented the Buyer in the biggest sale for all of San Diego in 2016. We just closed 1802 Ocean Front for $18,000,000.  The previous highest sale in San Diego was 3403 Kellogg in Point Loma which sold for $17,700,000; we represented the Seller in that transaction.  1802 Ocean Front is especially pleasing because it was January of 2006 when we originally sold it for….the exact same price, $18,000,000 which is $5142/sqft (a good indicator the Del Mar market is back to full strength with indications of moving higher).  Many times you have to go above and beyond normal business practices to close transactions in the upper end, however the Buyer made this transaction one of the easiest all year.  What a great way to close out 2016!

 

-Jason Barry

Article by: Barry Estates

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