IDS Real Estate Group and Lionstone Investments buy office buildings in San Diego

A partnership between IDS Real Estate Group and Lionstone Investments has acquired four class A office buildings totaling 181,200 square feet within the Liberty Station mixed-use development in San Diego for $76.8 million.

The assets were sold by McMillin Cos.

The purchase was financed with $58.9 million in acquisition capital, provided by Suntrust Bank.

Liberty Station is situated within the greater 360-acre Liberty Station master-plan development, which includes 349 residential units; 347 hotel rooms (with an additional 650 hotel rooms under construction or proposed); nearly 400,000 square feet of office space; 30+ food and beverage establishments; 40+ shopping and retail stores (including grocery-anchors); 16 health and fitness centers; 11 event spaces; a luxury movie theatre; a golf course; a nearly 100-acre park-like arts district that is home to more than 20 museums and galleries; and the High Tech School campus with more than 3,500 students in its elementary, middle and high schools.