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SAN DIEGO-Kreiss Enterprises, the locally based furniture manufacturer, has sold its corporate headquarters and distribution facility in a transaction valued at $4.8 million.

Aardema Family Partnership has acquired the asset, which will continue to serve as a headquarters location and distribution hub for Kreiss. Known as the Kreiss Enterprises Building, the facility stands at 8525 Camino Santa Fe in the Miramar submarket of the city. Originally built as a multi-tenant warehouse, the property encompasses 58,400 sf and is located in close proximity to the 5, 15 and 805 freeways.

Barbara Kreis of Sperry Van Ness acted on behalf of both Kreiss Enterprises and Aardema Family Partnership in the recent transaction.

“The sale of this property transpired as a result of knowing a sale could be created under the right circumstances, then finding the buyer who would fit those circumstances,” Kreiss says.

In addition to its Miramar headquarters location, Kreiss operates more than 15 showrooms across the US and one in Saudi Arabia. Established more than 50 years ago, the family owned and operated company originally served tradesmen only. Today, the firm’s full line of products, which includes furniture, bed linens, home accessories and interior design services, are available to the public.

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