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SAN DIEGO NEWS
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Flex Building in San Diego Traded for $7.4 Mil

9/26/16

Cornerstone Centre, a 43.4k sf, multi-tenant flex industrial property in San Diego, was purchased for $7.4 mil ($170/sf) in a recent sale. The property is situated on 2.88 acres at 10840 Thornmint Rd, west of I-15 and south of Rancho Bernardo Rd.

Cornerstone Centre was built in 1990 and is designed to accommodate tenants with suite sizes beginning at 2.5k sf and up. The building was fully occupied by six tenants at the time of sale.

Mark McEwen of Colliers International represented the buyers, McEwen-Otay LLC and MP McEwen I LLC. Randy LaChance, Brian Mulvaney, and Josh West with Voit Real Estate Services repped the seller, CRP – 2 San Diego.





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