SAN DIEGO, Dec. 18, 2025 –  JLL Capital Markets announced today that it has secured an acquisition and repositioning loan for Grand Prix Auto Club, a state-of-the-art garage condo redevelopment project in San Diego, California.

Grand Prix Auto Club, located at 8108 Mercury Ct. in San Diego, will transform an existing industrial facility into the ultimate destination for car enthusiasts and collectors. The 2.08-acre project will feature 23 for-sale condo units ranging from 900 to 2,800 square feet with the option to combine units to create larger spaces for extensive automotive collections.

The facility represents a unique concept in San Diego's real estate market, catering specifically to automotive enthusiasts seeking premium storage and social spaces. Each garage condo will come ready to occupy with polished concrete floors, painted walls, LED lighting, electric roll-up doors and fire systems. The units include plumbing for restrooms and wet bars, plus electrical infrastructure for future HVAC, satellite and internet connections.

Beyond the individual garage condos, Grand Prix Auto Club will feature an exclusive owners-only clubhouse spanning 4,360 square feet. The upscale amenity space includes a lounge area, open bar and rooftop deck designed for relaxing, networking and hosting private events to showcase automotive collections.

Owner and car enthusiast himself, Bob Mueller, said “This is the first of its kind in San Diego, but already proven in other areas. The concept is ownership based and not for rent, which has many advantages. It will be a great way to store and show case car collections.”

JLL Capital Market’s Debt Advisory team was led by Director Brad Vansant and Jenna Frakes.

"This project represents an innovative approach to automotive storage and community building," said Vansant,. "Grand Prix Auto Club fills a unique niche in the San Diego market by combining high-end vehicle storage with luxury amenities and social spaces."

Construction is expected to commence in 2026, with project completion anticipated by 2027. The development is strategically located in San Diego's central submarket of Kearny Mesa, providing convenient access to major transportation routes and the greater region.

For more information about Grand Prix Motor Club, visit https://www.grandprixautoclub.com/.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

For more news, videos and research resources, please visit JLL’s newsroom.

Jones Lang LaSalle Americas, Inc. ("JLL") is a real estate broker licensed with the California Department of Real Estate, license #01223413.

For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500 company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 113,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY^SM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com. 

The RMCI Group is a leading real estate development firm headquartered in Solana Beach, California that has built a legacy for defining the intersection of luxury, design and lifestyle. With over 100 custom-built homes across more than 20 markets, the company specializes in creating exceptional luxury residential developments. The RMCI Group has established itself as a leader in the luxury lifestyle real estate sector through its commitment to superior design and craftsmanship.