September 12, 2016
Colliers International completed the sale of a 19,200-square-foot, multi-tenant office building in San Diego’s Ranch Bernardo for $4.2 million. The two-story asset is located on 1.32-acres at 17065 Camino San Bernardo.
At the time of sale, the building was fully occupied by two tenants including ProEst, a construction estimating software company, and the Technology Services Industry Association (TSIA), a technology-industry group dedicated to advancing the business of technology and services.
Colliers’ Marc Posthumus represented the seller, MIS Limited, LLC. The buyer, SD BLDG, LLC, was self-represented.
Posthumus says, “This was one of the few investment sales in Rancho Bernardo this year, and provided a unique opportunity to acquire a fully-leased property near the rapidly-growing residential neighborhoods of 4S Ranch and Del Sur.”
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