Sorrento Valley Industrial Building Trades for $7M
SAN DIEGO-CoStar Group reported that Peckham Family Trust has picked up an industrial building that houses a U.S. Army Reserves armory in Sorrento Valley for about $7 million. The 40,782-square-foot facility, located at 11620-11630 Sorrento Valley Road, was sold by Marquis Property Co. of Malibu.
The Sorrento Valley industrial building was constructed in 1963 and refurbished in 2005. In the deal, the buyer was represented by Cushman & Wakefield and the seller was represented by CFI. For the full story, go to San Diego Business Journal .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
Join us at the Hyatt Century Plaza Los Angeles, where we will be covering the major topics in commercial real estate nationally as well as what's going on across the property types in Los Angeles. RealShare Los Angeles attracts nearly 1000 commercial real estate executives and is your leading outlook event for the year at RealShare LOS ANGELES on March 25.
You can now be notified via email if this story is updated by clicking on the "Follow this Story" link. You must be a registered member to take advantage of this "members only" benefit.