Double Black Diamond Properties LLC acquired the office building at 10150 Meanley Dr. in San Diego, CA from PacVentures, Inc., an investment company, for $10.4 million, or about $171 per square foot.
The office building delivered in 2001 in the Scripps Ranch Tech Park. Building C totals 60,850 square feet and is currently leased to Paychex, Inc. on the second floor.
Brandon Keith of Voit Real Estate Services represented the buyer. Jed Stirnkorb, Brent Wright, and Matt Pourcho with CBRE represented the seller.
Please see CoStar COMPS #2558622 for more information on this transaction.
Editor's Note: The article was corrected to reflect Double Black Diamond Properties LLC purchased the property, and not CUSO Financial as originally reported.