Real Estate

Foley Corporate Center on El Camino Real Sells for $18M

Foley Corporate Center at 11943 El Camino Real in Carmel Valley sold to Realliance LLC.

A 34,600-square-foot office building in Carmel Valley sold for $18 million. Colliers International announced the sale of Foley Corporate Center at 11943 El Camino Real on Wednesday.

The building was 100 percent leased at the time of sale. Tenants include Comerica Bank, Fidelity Investments and Energy Capital Partners.

Richard Lebert, Matt Zimsky, Chris Ross and Paul Braun of Colliers International represented the buyer, Realliance, LLC. Tim Hoag of Cushman Wakefield represented the seller, Diamante Office, LLC.

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“This primer location allows medical use, which is extremely hard to find in this zip code,” Richard Lebert, senior vice president of Colliers International of San Diego, said in an announcement.


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