REBusinessOnline

Colliers Arranges Sale of 46,830 SF Industrial Building in San Diego for $6M

7550-Panasonic-Way-San-Diego-CA

Located at 7550 Panasonic Way in San Diego, the property features 46,830 square feet of industrial space.

SAN DIEGO — Colliers International San Diego Region has brokered the sale of an industrial building, located at 7550 Panasonic Way in San Diego’s Otay Mesa neighborhood. Guy C Clum Trust sold the property to RMJF LLC for $6 million. Concurrent with the acquisition, the new owner was able to secure a long-term lease for the property.

Mark Lewkowitz and Chris Holder of Colliers International represented the seller, while Craig Fitterer of Lee & Associates represented the buyer in the deal.

Constructed in 2005, the 46,830-square-foot building features drive-around truck access, dock- and grade-level loading and a large, secured yard.

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