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Morena District Building Sold for $2,650,000


Photo: Pacific Coast Commercial


The 1102-1108 Morena Blvd property, strategically positioned in a highly sought-after location, has long been recognized as an attractive investment opportunity. Its proximity to major transportation routes, commercial centers, and residential neighborhoods has made it an ideal asset for potential buyers seeking premium real estate opportunities.


"According to Jason Vieira, Senior Advisor at Pacific Coast Commercial, the property at 1102-1108 Morena Blvd stood out as an exceptional freestanding asset, attracting a multitude of offers. The noteworthy premium it commanded stands as a testament to the unwavering stability and promising growth trajectory of the Morena submarket."


"We are proud to have successfully closed the sale of 1102-1108 Morena Blvd," said Tommas Golia, Director of Brokerage at Pacific Coast Commercial. "This transaction is a testament to our commitment to delivering value to our investors and stakeholders while maintaining a strong and diverse real estate portfolio."


The successful owner/user sale of this property further exemplifies Pacific Coast Commercials’ commitment to delivering exceptional value to its investors and clients. Leveraging its extensive experience in the real estate market, the company diligently managed the sales process to secure the best possible outcome for all.


PROPERTY ADDRESS

Address: 1102-1108 Morena Blvd., San Diego, CA 92110



REPRESENTATION

Seller Representation: Pacific Coast Commercial

Buyer Agent: Tommas Golia, Jason Vieira & Colton Speas


Buyer Representation: Colliers International

Buyer Agent: Justin Harvey


SALE DETAILS

Property Type: Retail/Flex Commercial Building

Square Footage: Approx. 6,000 SF

Sale Price: $2,650,000

Close of Escrow Date: 07/31/2023

Seller Name: V8 Holdings Limited Liability Company

Buyer Name: Kilowatt Events Inc.

Escrow Company: Stewart Title Guaranty Company - Commercial Services

Title Company: Stewart Title Guaranty Company - Commercial Services

Financing: Merri Adams – TMC Financing




CONTACT INFORMATION


JASON VIEIRA

Senior Advisor - Sales & Leasing

(858) 300-0375

Jason@PacificCoastCommercial.com

Lic. 01896589


Tommas Golia, CCIM

Director of Brokerage

(858) 598-2891

Tommas@PacificCoastCommercial.com

Lic. 01890744


COLTON SPEAS

Broker Associate

(858) 598-2873

Colton@PacificCoastCommercial.com

Lic. 02062812


All content provided on this blog is for informational purposes only. The owner of this blog makes no representations as to the accuracy or completeness of any information on this site or found by following any link on this site. The owner of will not be liable for any errors or omissions in this information nor for the availability of this information. The owner will not be liable for any losses, injuries, or damages from the display or use of this information. Keywords: San Diego Commercial Real Estate For Sale, Commercial Property In San Diego, Commercial Real Estate In San Diego, San Diego Investment Real Estate, Commercial Property Management In San Diego, San Diego Commercial Property Management, Commercial Property Management San Diego, Managed Commercial Property San Diego, Commercial Property For Sale San Diego, San Diego Commercial Real Estate Leasing, Top Real Estate Agents in San Diego, Commercial Property in San Diego, Property Management Company San Diego, Real Estate Agent in San Diego, San Diego Commercial Real Estate Real Estate Agent Contact Us Brokerage, Property Management



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