QUALITYFIRST COMMERCIAL HANDLES $1.1 MILLION INDUSTRIAL PURCHASE

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SAN DIEGO — QualityFirst Commercial Corp. has negotiated the $1.1 million acquisition of a 10,000-square-foot industrial building and vacant lot located at 24 21st Street in San Diego. Constructed in 1953, the building sits on a 13,000-square-foot lot in the Logan Heights submarket. QualityFirst Commercial’s Peter Wright and Steven Martini represented the buyer, Riggo LLC, in the transaction, and Voit Real Estate Services’ Jim Marsh and John Lanza represented the seller, Safari Investments LP. Riggo LLC will occupy the entire building after a complete interior and exterior renovation, which will begin in early 2011.

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