Southwest Regional Council Of Carpenters Acquires Industrial Building In San Diego For $33.9M

An 85,842-square-foot industrial building located at 10054 Old Grove Road in San Diego has been sold for $33.9 million. The property was purchased by the Southwest Regional Council of Carpenters. The sale price equates to approximately $395 per square foot.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $33,900,000
• Square Footage: 85,842
• Address: 10054 Old Grove Road
• Market: San Diego

The buyer, the Southwest Regional Council of Carpenters, acquired the industrial building in San Diego. The seller was Old Grove LLC. The transaction was facilitated by brokers Evan McDonald and Richard Schwartz from Colliers, as well as James DeRegt and Scott Frazier from Lee & Associates.