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OCEANSIDE, CA-Harsch Investment Properties of Portland, OR has acquired an 80,494-sf former office condominium building called Oceanside Business Center and is operating its new asset as a multi-tenant industrial building. Harsch bought the property, which is at 4040 Calle Platino in the master-planned Rancho Del Oro Technology Park, from Fenway Properties for $9.7 million.

According to Jordan Schnitzer, president and CEO of Harsch Investment, the building was previously marketed as for-sale office condominiums. Harsch has named the Carlsbad-based Colliers International team of Jim Spain, Michael Mahoney and Josh McFadyen to market and lease the property.

Built in 1985 with major renovations completed in 2007, Oceanside Business Center consists of a single-story, multi-tenant commercial office and warehouse building with 24 units that vary in size from 1,649 sf to 9,826 sf. It is situated on more than 5.7 acres north of Oceanside Boulevard and just west of College Boulevard, close to Interstate 5 and SR 78 and SR 76.

Harsch is looking for more industrial, office and retail property investments in San Diego County, notes Bill Rodewald, senior vice president and San Diego regional manager for the Portland-based firm.

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