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Icon Properties Acquires Little Italy Parcel for $5.1M

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10,000 SF Parcel in San Diego's Little Italy

A 10,000-square-foot parcel in San Diego's Little Italy neighborhood sold for $5.1 million, according to a March 9 announcement by Colliers International.

The land was purchased by Icon Properties, which plans to develop an apartment community on the parcel. The property was previously owned by the Fogerty Family Trust.

Colliers International's Victor Krebs represented the sellers in the transaction. The buyer was represented by Donald Hildre of EXP Realty.

The property is located at 2102 India Street on the corner of Hawthorn Street and India Street near Interstate 5.

By: kamila_knaudt@dailyjournal.com

Related Experts

Victor Krebs

Brokerage Senior Vice-President

San Diego

Victor Krebs specializes in the sale of redevelopment properties, with an emphasis on urban & suburban infill housing projects. Victor has brokered land sales for the development of over 5,000 residential units, along with land for new office buildings and hotels. He also handles the sale of existing buildings for adaptive re-use and conversion to creative office space or residential lofts.  Victor represents major institutional property owners, municipal agencies and private clients in property dispositions and also works extensively with developers on new acquisitions.

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