610 W. Ash St. in San Diego, California sold in a foreclosure sale for $26M, ↓53% from what it sold for 10 years ago.
Sold for $55M in 2016.
The new owner plans a conversion into apartments.
Downtown availability rose 490 bps to 35.8% in Q3.
177,489 Square Feet Built 1986
-MHN / Savills
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CommercialRealEstate#