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4/19/23
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In a recent San Diego area sales comp, A two-story, 16.1k sf office and lab building in Sorrento Valley sold for $7.3 mil, or $453/sf. The building, located at 10717 Sorrento Valley Rd, was purchased by Aroga Real Estate LLC, which plans to use this property for offices and lease out a portion of the building as lab space for product research and development.
Todd Holley, SIOR, and Chris Duncan, SIOR, with Voit Real Estate Services negotiated the transaction. Holley represented the buyer, while Duncan repped the seller, Sorrento Realty LLC.
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