121
SAN DIEGO — San Diego-based Gateway Management has purchased Scripps Crest Corporate Center, a 31,073-square-foot office building located at 9845 Erma Rd. in San Diego, for $5 million. The property, which consists of two floors of office space over a one-level parking garage, is currently 53 percent leased to 13 tenants, including First Associates Mortgage, Dynamics Research Corp., Scripps Mortgage and Forsythe Appraisals. Michael Roberts, Brian Starck, Steve Rowland, Tony Russell and Richard Gonor of Grubb & Ellis|BRE Commercial represented the buyer and the seller, Pacific Equity Ventures LLC, c/o Andrew Kaplan, in the transaction