Biotest Inc. Acquires San Diego Industrial Property For $23M | 10140 Mesa Rim Road | Todd Holley | Industrial | Sale

Summary

Sale

CALIFORNIA

Industrial

42,547 sqft

An industrial property located at 10140 Mesa Rim Road in San Diego was sold in a transaction involving Peter Janssen of Biotest Inc. The property, spanning 42,547 square feet, was acquired for $23 million at a rate of $541 per square foot.

Summary of transaction details:

Property Type: Industrial
Transaction Amount: $23,000,000
Buyer: Peter Janssen - Biotest Inc.
Broker: Todd Holley - Voit Real Estate Services
Market: San Diego
Address: 10140 Mesa Rim Road

Todd Holley of Voit Real Estate Services represented Peter Janssen, who purchased the industrial property for $23 million. Biotest Inc., a China-based life sciences company, plans to utilize the facility for product development and distribution. The seller's identity remains undisclosed in the transaction.

Players

All
2

Agents
1
Agencies
1

Todd Holley

Senior Vice President

$23M Sold

Voit Real Estate Services

Details

Deal Summary

SOLD

IMAGE: Peter Janssen & Todd Holley DATE: 03/01/2024 ADDRESS: 10140 Mesa Rim Road MARKET: San Diego ASSET TYPE: Industrial BUYER: Peter Janssen - Biotest Inc. BROKER: Todd Holley - Voit Real Estate Services (@VoitRealEstate) SALE PRICE: $23,000,000 SF: 42,547 ~ PPSF: $541 NOTE: Biotest Inc., a China-based life sciences company, purchased a 42,547-square-foot San Diego R&D facility for $23 million, intending to use it for product development and distribution. The seller's identity was not disclosed, and Todd Holley of Voit Real Estate Services represented the buyer.

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Address10140 Mesa Rim Road

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