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May 21, 2024
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SOUTHERN CALIFORNIA NEWS
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Sorrento Mesa Industrial/Laboratory Building Sells for $540/sf

3/01/24

Biotest Inc paid $23 mil for a 42.5k sf ($541/sf) industrial/laboratory building in Sorrento Mesa. Biotest is a health care/life science company based in China that will use the property for product development and distribution.

The property is located at 10140 Mesa Rim, south of Mira Mesa Blvd and west of Camino Santa Fe. The property was last sold by Resolution Trust Company, in 1992.

Todd Holley, SIOR, with Voit Real Estate Services represented the buyer in the deal.





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