San Diego Business Journal

Sorrento Mesa Office Complex Sells for $29.2M

Wednesday, June 26, 2013

Cornerstone Real Estate Advisers LLC of Santa Monica has purchased Centrewest Plaza, a two-building office complex in Sorrento Mesa, for $29.2 million.

The seller was Cruzan Monroe of Del Mar, represented by brokerage firm Cassidy Turley San Diego, according to CoStar Group and public data.

The buildings are located at 9710 and 9740 Scranton Road, built in 1990 on approximately 9 acres. The buildings total approximately 116,000 square feet and were 97 percent occupied at the time of sale.

— SDBJ Staff Report