WNM PROPERTIES LLC TAKES CITIBANK OFFICE PLAZA FOR $12 MILLION

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SAN DIEGO — WNM Properties LLC has purchased Citibank Office Plaza, a five-building, multi-tenant office complex located at 11818-11858 Bernardo Plaza Ct., for $12 million. The 51,830-square-foot property is currently 47 percent occupied by eight tenants, including Citibank, Architects BPA Associates, Southwest Consulting Group and Prime Structural Engineers. Steve Rowland, Michael Roberts, Chris Hobson and Robert Kuzman of Grubb & Ellis|BRE Commercial represented the seller, Citibank, in the transaction; Triwell Properties represented the buyer. Citibank plans to lease back the bank branch building on a long-term basis.

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