SAN DIEGO-Bernardo Terrace, a 110,000-square-foot class A office building on 27 acres in Rancho Bernardo, has sold to Palomar Community College District for $38.3 million. Located at 11111 Rancho Bernardo Rd., Bernardo Terrace offers the potential for up to 330,000 square feet of office space on site.

Steve Rosetta, Mike Macie, Alex Perry and Darren Morgan of Cushman & Wakefield Inc. represented the buyer. The seller, Nmsbpcsldhb, was represented by Jay Alexander and Lynn LaChapelle of Jones Lang LaSalle.

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