March 7, 2019
Canterbury Corporate Plaza, an 8,429 square foot office property located at 940 Canterbury Pl. in Escondido, CA, has traded hands for nearly $2.6 million. The buyer was The Law Office of Louis Gabbara, while the seller was Tim Foley of Foley Enterprises, Inc.
Marcus & Millichap’s Nick Totah of The Totah Group in San Diego had the exclusive listing to market the property on behalf of the seller. The Totah Group also secured the buyer.
The asset was 100% leased at the time of sale. Tenants include AmWins Group Insurance and Oakwood Escrow. The property was originally built in 2002, with significant tenant improvements completed in the last few years.
For comments, questions or concerns, please contact Dennis Kaiser