Pacific Coast Commercial is pleased to announce the sale of a multi-tenant office building in Mission Valley. The building sold for $4,600,000. ”We were privileged to represent the buyers in this significant value-add, off-market opportunity. The buyer plans to reimagine the property with modern design elements offering a range of spaces to suit a variety of business needs, including open-plan offices, private suites, and common area amenities,” stated Colton Speas.
The sale of this office building underscores the robust demand for commercial real estate assets in San Diego and the broader market. The sale was facilitated by Tommas Golia, Jason Vieira, and Colton Speas of Pacific Coast Commercial, who represented the Buyer in the transaction. The Seller was self-represented. Private Investment Team of Pacific Coast Commercial continues to be at the forefront of these transactions, providing expert guidance to buyers and sellers alike.
Address: 3511 Camino Del Rio S., San Diego, CA 92108
Property Type: Multi-Tenant Office Building
Square Footage: 27,648 sq. ft.
Sale Price: $4,600,000
Close of Escrow Date: 04/07/2023
Seller Name: Gregory M Brown; Pamela M Brown
Buyer Name: Urban West Ventures
Escrow Company: Oak Tree Escrows Inc.
Title Company: First American Title Company
Seller Representation: Self Represented
Buyer Representation: Pacific Coast Commercial
Buyer Agents: Tommas Golia, Jason Vieira, & Colton Speas
For more information, contact Agents:
JASON VIEIRA
Senior Advisor - Sales & Leasing
(858) 300-0375
Lic. 01896589
TOMMAS GOLIA, CCIM
Director of Brokerage
(858) 598-2891
Lic. 01890744
COLTON SPEAS
Broker Associate
(858) 598-2873
Lic. 02062812