CenterPoint Properties Acquires Industrial Assets At 4400 & 4450 Ruffin Road For $80.05M

The property asset involved in this transaction consists of two industrial buildings located at 4400 & 4450 Ruffin Road in San Diego. The sale price was $80,050,000 for a total square footage of 202,547, resulting in a price per square foot of $395.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $80,050,000
• Square Footage: 202,547
• Price per Square Foot: $395
• Buyer: CenterPoint Properties
• Seller: LBA Logistics
• Seller's Representative: Matthew Carlson, Hunter Rowe, Michael Longo, Eric Cox, Barbara Perrier & Joe Cesta - CBRE
• Date of Transaction: 6/25/2025
• Market: San Diego

This transaction involved CenterPoint Properties as the buyer and LBA Logistics as the seller. The selling entity was represented by a team of brokers from CBRE, including Matthew Carlson, Hunter Rowe, Michael Longo, Eric Cox, Barbara Perrier, and Joe Cesta.