Industrial Building in Kearny Mesa Sold for $3.2M
26 May, 2010, San Diego
The San Diego office of Cushman & Wakefield announces that a 28,000-square-foot industrial building located at 3738 Ruffin Rd., in the Kearny Mesa submarket of San Diego (92122), sold for $3,200,000.
In the transaction, the seller, Ruffin 4 Partners, LLC, was represented by Tim Hoag of Cushman & Wakefield. The buyer, Pete Aardema, was represented by Joshua Volen of Marcus & Millichap.
The building, which offers office space as well as 7,700 square feet of warehouse space, was constructed in 1978. The building features dock-high loading, five grade-level doors and a yard area. The property, currently available for lease, is located near Interstate 15.
The buyer plans to hold the property as an investment.
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