Mission Valley Office Building Sold

A Mission Valley office building has been sold for $14.1 million.
Katz Real Estate bought the 71,450 square-foot building at 2650 Camino Del Rio North.
The seller was Shopoff Realty Investments.
Katz Real Estate was represented by Nicholas Totah, first vice president of investments for The Totah Group in Marcus & Millichap’s downtown San Diego office.
Shopoff Realty Investments represented itself.
Built in 1982, the three-story building is occupied by a diverse mix of professional office and medical tenants and was 80.7% leased at the time of sale.
Renovations are planned to the exterior, common areas, and spec suites.

By: Ray Huard

Complimentary Asset Valuation

Call us anytime. We are here for you. (858) 373-3142

See It First