An industrial building located at 2065 Thibodo Road in Vista has been sold for $22 million, with a total square footage of 74,943 and a price per square foot of $294. The property encompasses 4.13 acres and features a design retrofitted for life sciences, originally built in 2008 and renovated in 2022 to comply with Current Good Manufacturing Practices. It is equipped with 28-foot ceilings and has adequate parking, benefiting from its proximity to major highways and transit options.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $22,000,000
• Address: 2065 Thibodo Road
• Market: Vista
• Square Footage: 74,943
• Price Per Square Foot: $294
• Seller: Clay Duvall - Lincoln Property Company; Angelo Gordon
• Acres: 4.13

The property was previously acquired in 2021 for $18.5 million by Lincoln Property Company and Angelo Gordon. The transaction reflects the current trends in the San Diego industrial market, which is experiencing high vacancy rates.