Hibiscus Investments Inc. used the proceeds from a sale earlierthis month of its $13.7 million office project in San Jose to buythe new Nexus Scripps Ranch building at 9970 Carroll Canyon Rd.from developer Nexus Properties.
Brian Driscoll and Eric Northbrook of San Diego-based ColliersInternational represented the seller. Towne Centre Resourcesrepresentedthe buyer.
Nexus Scripps Ranch was designed by Pacific CornerstoneArchitects. R.G. Petty was the general contractor. The constructionlender was City National Bank.
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