The Orange County office of Cushman Realty Corp. handled thesale of Rio Vista Plaza, a 78,162-sf building at 8989 Rio San DiegoDr., and the adjacent Rio Vista Building, which is 97,500 sf.CalMat, a wholly-owned subsidiary of Vulcan Materials Co. and aleading producer of construction aggregates, asphalt and concrete,is getting out of the real estate business.
"CalMat is concentrating on the aggregate and concrete business,not real estate development," says Peter Andrich, the seniordirector for Cushman who handled the transaction.
Hawaii-based Shidler has been very active in the San Diegomarket of late, buying up well over $150 million in office,industrial and hotel property since the beginning of the year.
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